Nedbank Corporate Banking (Mpumalanga)

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Nedbank Centre 30 Brown Street
Mpumalanga  1200
South Africa
013 7545800
013 7533509
Email contact form

Nedbank Corporate Banking (Mpumalanga)

It’s been said that the secret to running a successful business is the same as that required for a successful marriage – teamwork and partnerships. And nobody understands that better than Nedbank Business Banking.

Says Willie Chavalala, Nedbank Business Banking’s Regional Business Head: Mpumalanga and Limpopo, ‘Partnering is a concept that Nedbank strives for in the area of business banking in South Africa. We’ve had more experience in this than any other institution, which is why we are able to partner with you to grow your business. Our decentralised business model means we have more than 70 regional offices, of which six are in Mpumalanga, and many more client service teams, each with a high degree of autonomy and empowered to make quick decisions. Being decentralised allows us to gain a deeper understanding of the local economy, industry and business in each region.’

Nedbank Business Banking recognises the need to offer comprehensive assistance to a variety of businesses, each with their own unique needs and challenges. With a comprehensive range of services that include lending, deposit-taking, transactional banking, debt-structuring, factoring, and vehicle and asset finance, Nedbank’s unique offering provides banking solutions that are not only unique but also appropriate for each business.

Business Banking offers a full range of financial and advisory services to medium-sized companies with an annual turnover from R7,5 million up to R400 million, as well as public sector organisations and state-owned enterprises. Nedbank’s entire value proposition is centred on single-point accountability for the client relationship and service delivery through fully empowered regionally based businesses.

The business manager acts as the primary point of contact for all our client’s banking needs, and provides them with specific solutions to lending, investment, transactional and other banking requirements, building on a detailed understanding of their business. The business manager will also introduce the client to our product specialists when the need arises.

‘Specific areas of focus in the Mpumalanga region include a franchise division, which offers solutions to both franchisors and franchisees; Public Sector and Enterprise Development. The latter assists in providing both easier access to credit (start-up and growth capital), as well as support services and training, for qualifying black-owned business ventures. Some of the challenges we have found such businesses to be facing include lack of capital or collateral, financial training and experience. At Nedbank Business Banking we offer both financial support, including unsecured loans and startup capital – and non-financial support, such as arranging access to grants and free business training through workshops and seminars,’ says Chavalala.

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