Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
Get in touch
Find us
- Login & Register
- Online Banking
- Online Share Trading
- NetBank Business
- NedFleet
- Nedbank Greenbacks
- Nedgroup Investments
- Nedbank ID
- Bank
- Accounts
- Credit cards
- Digital banking
- Switch to Nedbank
- Fraud awareness
- Forex
- Rewards
- Explore Bank
- Accounts
- Everyday banking
- Youth banking
- Accounts
- Digital wallet
- Private Wealth
- Goal saving
- See all accounts
- Get help choosing
- Family Banking
- Refugees and asylum seekers
- FAQ
- How-to guides
- Everyday banking
- MiGoals Premium
- MiGoals Plus
- MiGoals
- Discontinued accounts
- Youth banking
- Nedbank4Me
- Digital wallet
- MobiMoney
- Private Wealth
- Private Wealth Bundle
- Goal saving
- MyPocket
- American Express
- Amex Gold
- Amex Platinum
- Digital banking
- Switch to Nedbank
- Fraud awareness
- Forex
- Send and receive
- Rewards
- Save & Invest
- Accounts
- Investment services
- Share trading
- Explore Save & Invest
- On demand
- Club
- Money Market
- Stokvel
- In 24 hours
- JustInvest
- PlatinumInvest
- Tax-free Savings
- MoneyTrader
- EasyAccess Fixed Deposit
- PrimeSelect
- In 32 days
- Electronic 32Day Notice
- 32Day Notice
- End of term
- Tax-free Fixed Deposit
- Electronic Fixed Deposit
- Electronic Optimum Plus
- Platinum Fixed Deposit
- Fixed Deposit
- OptimumPlus
- Investment services
- Share trading
- Borrow
- Personal loans
- Home loans
- Student loans
- Overdrafts
- Vehicle finance
- Solar finance
- Explore Borrow
- Personal loans
- Consolidation loan
- Secondhand car loan
- Home improvement loan
- Exclusive short-term loan offers
- Explore loans
- FAQ
- How to guides
- Consolidation loan
- Secondhand car loan
- Home improvement loan
- Exclusive short-term loan offers
- Home loans
- Building loan
- Switching home loan
- Repossessed properties
- Start your home buying journey
- Solar-energy Finance
- Earn R29,600 p/m or less? See offer
- HomeVision extra funds
- Home-buying Toolkit
- Managing your home loan
- Explore home loans
- FAQ
- How to guides
- Track application
- Building loan
- Switching home loan
- Repossessed properties
- Start your home buying journey
- Solar-energy Finance
- Earn R29,600 p/m or less? See offer
- HomeVision extra funds
- Home-buying Toolkit
- Managing your home loan
- Student loans
- Explore student loans
- Overdrafts
- Vehicle finance
- Solar finance
- Insure
- Life cover
- Funeral cover
- Short term insurance
- Credit Life
- Travel insurance
- Is your business covered?
- Secure Investments
- Explore Insure
- Life cover
- Get a call back
- Explore MyCover life
- Funeral cover
- Individual R10,000
- Individual R30,000
- Family Cover
- Build your own cover
- Get a call back
- Explore MyCover Funeral
- Individual R10,000
- Individual R30,000
- Family Cover
- Build your own cover
- Short term insurance
- Vehicle insurance
- Building insurance
- House contents insurance
- Valuables insurance
- Get a call back
- Explore MyCover short term insurance
- Vehicle insurance
- Building insurance
- House contents insurance
- Valuables insurance
- Credit Life
- Home loan credit life
- MFC Vehicle Finance Assurance
- Overdraft Assurance
- Balance Protection Plan
- Personal loan Assurance
- Get a call back
- Explore credit life
- Home loan credit life
- MFC Vehicle Finance Assurance
- Overdraft Assurance
- Balance Protection Plan
- Personal loan Assurance
- Travel insurance
- Is your business covered?
- Secure Investments
- Guaranteed Growth Plan
- Guaranteed Income Plan
- Get a call back
- Explore MyCover Funeral
- Guaranteed Growth Plan
- Guaranteed Income Plan
- Plan
- Financial planning
- Estate, wills & trust services
- Nedbank Private Wealth
- Speak to a financial adviser
- Explore Plan
- Financial planning
- Investment planning
- Insurance planning
- Give
- Retirement planning
- Investment planning
- Insurance planning
- Give
- Retirement planning
- Estate, wills & trust services
- Will drafting
- Ensure your estate is managed by an executor | Nedbank
- Trust services
- Financial accounting
- Tax services
- Leave the admin of your estate to us, and not to your loved ones | Nedbank
- Will drafting
- Ensure your estate is managed by an executor | Nedbank
- Trust services
- Financial accounting
- Tax services
- Leave the admin of your estate to us, and not to your loved ones | Nedbank
- Nedbank Private Wealth
- Speak to a financial adviser
- Learn
- Blog
- Explore Learn
- Blog
- Contact us
- Talk to us
- Find us
- Explore Contact us
- Talk to us
- Find us
Banking solutions that your startup business needs
You need the right small-business banking solutions if you want your startup to thrive.
When you start your first small business, you may not have much experience as an entrepreneur. You’ll face a steep learning curve, just like every other entrepreneur before you. You’ll need to master market research, product development and testing, efficient, cost-effective production processes, how to attract and keep customers, and many other skills.
One of the most important areas to pay attention to is finding the right banking solutions for your small business. Let’s look at how Nedbank Small Business Services can provide your startup with the financial toolkit you’ll need when you’re starting out.
1. First step: A business banking account
Setting up a business banking account is your first step towards sound financial management. This account will become the core of all your business transactions, whether you’re accepting payments or settling bills with suppliers. If your annual turnover is less than R3 million, consider a Startup Bundle Account. This will give you access to a dedicated relationship banker, among other benefits, and you will not be charged an account fee for the first 6 months.
2. Creating a financial safety net: A business savings account
A financial buffer is important to maintain your business cash flow in tough times. Business savings and investment accounts also help you build up capital, to help you expand your business when the time is right. Each rand saved is an investment towards the growth of your business empire.
3. The power of plastic: Business credit cards
A business overdraft and/or a business credit card can help you manage your expenses more efficiently. A credit card, managed responsibly, can also help you build a solid credit history for your business. This will be important when you want to apply for financing to grow your business. Being able to earn Greenbacks on business credit card spending is the cherry on top, turning everyday business buying into a source of cost-saving rewards.
4. Welcome the digital age: Access merchant services
In this digital era, providing multiple payment options is no longer a luxury, but a necessity. We offer a range of merchant services,from point-of-sale devices, e-commerce solutions and integrated payments across multiple till points, to mobile payment requests or payments via QR codes using Nedbank Masterpass. You can also access solutions like PocketPOS and Tap on phone to receive card payments. You can even partner with Avo SuperShop, so that customers can buy your products on this Nedbank super app.
We have small-business solutions for startups and the right financial tools for successful business management
5. Accessing added capital: Business loans and lines of credit
Once you’ve established your business as a going concern with a decent credit history, you might be ready to expand. This could require vehicle and equipment finance, building finance or term loans and specialist finance. Your dedicated relationship banker will be on hand to give professional advice on the type of loan best suited to your needs and to help you apply online.
6. Embracing global transactions: International banking services
The digital era also means that you might be selling products or sourcing suppliers all over the world. Our business transaction solutions make this a lot easier, giving you access to international banking services, including foreign exchange services and international transfers. Banking with Small Business Services helps to ensure smooth business operations.
If you want to know more about our small-business banking options call us on 0800 116 400 (within South Africa) or on +27 031 820 5915 (calls outside South Africa).
You can also download the Nedbank Essential Guide to Business Banking.
We understand the entrepreneur’s journey. We have small-business solutions for startups and the right financial tools for successful business management.
