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Business overdraft
Benefit from short-term borrowing linked to your Business account for when you need easy access to cash that can be used as working capital.
Features and benefits
Whether you need capital to expand your business, or funds to acquire vehicles, buildings or machinery, we have the right solution.
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Get easy access to cash without the need to open a new account or apply for a loan
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Access funds to meet your working capital needs and repay as needed
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Pay interest only on the daily amount used and not the full limit
To apply, you'll need the following documents
Personal documents
- Application letter
- Registration documents
- Latest proof of income
Financial documents
- Financial statements (for an existing business)
or - Business plan with cashflow projections (for a new business)
Surety
- Life cover policy with a surrender value
or - Investment property with a lease
or - Contracts that may be ceded to the bank if financing against confirmed orders or contracts
Interested? Get in touch with an expert business banker
Contact usYou can also apply at your nearest Nedbank branch or contact your Business Relationship manager directly if you're an existing Nedbank Business client.
All loan applications are subject to final credit approval and terms and conditions.
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Switch to Nedbank, hassle-free. To open an account online, simply click below and follow the steps provided to complete an application for a Nedbank account.



