FNB Loans
Overview
FNB Loans are products of one of the most reputable banking institutions in South Africa, First National Bank. FNB Loans offer clients easy financing options tailored to suit their unique individual needs.
Revolving Loans:
These loans allow clients to access cash once they have paid 15% of their loan. To qualify for this loan you need to have a cheque account with FNB. Clients also have the benefit of fixed monthly repayments, so they know exactly how much they need to repay. Optional debt protection is also offered with this loan.
Temporary Loans:
This is a short term loan facility that gives clients instant access to cash. To qualify for this loan individuals need to have a Smart or cheque account with FNB. There are no application forms to fill in or lengthy bank queues to wait in. Loan applicants can expect instant payouts.
Business Loan:
FNB understands the challenge that comes with owning a business. Quite often, capital is the leading requirement for operations to run smoothly. With the FNB Business Loan, clients are offered flexible repayment terms of between one and five years. This loan is ideal for getting additional capital to expand your business or to repay shareholders or members. Upon application, you will be required to supply signed annual financial statements and year to date management accounts. You will also need to provide income statements and balance sheets. Monthly repayments are fixed.
Vehicle and Asset Finance:
This is an exclusive facility focusing on providing asset based finance. It’s ideally meant for financing capital equipment like aircraft, earth-moving equipment, printing equipment, retail equipment and industrial plant machinery.
Business Overdraft:
This loan gives you the required cash flow you need to run your business. It’s a convenient short term facility that is highly recommended for emergencies and unforeseen needs. It provides financial flexibility and is dependent on your credit profile. Monthly repayments are based on the amount of credit used.
Contact FNB and apply for FNB Loans by calling: 0860 102 631.
Visit the FNB website here: www.fnb.co.za
