FNB

South Africa's First National Bank (FNB) is one of the largest banking institutions in South Africa.

It was founded in 1838 and has since grown into a multi-faceted financial services group, offering a range of products and services to individuals, businesses, and institutional clients. With a presence in several African countries, FNB has become one of the leading FSPs on the continent.

FNB’s services in a nutshell

They offer a wide range of financial products and services, including personal and business, corporate, investment, and private banking, wealth management, and insurance.

Its personal banking services include savings and investment accounts, loans and credit facilities. They also offer a range of transactional banking products, such as debit and credit cards, online and mobile banking.

Business banking services you can rely on

FNB's business banking services cater to small, medium, and large enterprises, providing a range of solutions to meet the financial needs of businesses, from start-ups to established corporations.

It's corporate and investment division offers specialised services to institutional clients, including investment banking, corporate finance, and treasury services.

Innovation and customer service excellence

It's known for its innovative and customer-focused approach to banking. FNB was the first FSP in South Africa to introduce online banking in 1996 and has continued to lead the way in digital banking solutions.

In recent years, FNB has been at the forefront of the fintech revolution in Africa. They introduced a range of digital products and services, such as FNB Pay, FNB Connect, and FNB App.

FNB's commitment to sustainability is evident in its efforts to promote financial inclusion, support economic growth, and reduce its environmental impact.

The bank has invested heavily in initiatives aimed at promoting financial literacy and supporting small and medium-sized enterprises. FNB is also a signatory of the United Nations' Principles for responsible banking and has set ambitious targets to reduce its carbon footprint.

Overall, FNB's success can be attributed to its commitment to innovation, customer-centricity, and sustainability. With a strong presence in South Africa and several other African countries, FNB is well-positioned to continue its growth and play a leading role in shaping the future of banking in Africa.

FNB offers a range of loans to help businesses grow and achieve their financial goals.

The loans are designed for various needs, including working capital, asset financing, expansion, and more. Their trade loans come with competitive interest rates, flexible repayment terms, and a quick and easy application process.

Where to apply for an FNB business loan

Entrepreneurs can apply for a loan online, in-branch, or via the app. FNB's business loans are an excellent option for enterprises of all sizes, whether you're starting a new venture or looking to take your existing business to the next level.

Loan amounts you can access

Loan amounts depend on your financial needs and creditworthiness. The loan amount available to a business can range from a minimum of R2,000 to a maximum of R10 million.

What your FNB term loan can be used for

FNB's credit options can be used for a variety of purposes, such as financing working capital, purchasing assets, expanding, managing cash flow, and more.

FNB’s competitive loan rates

Designed to be flexible, loans can be tailored to meet the specific needs of your business, with competitive interest rates and repayment terms that suit your budget.

Loan interest rates are determined based on a variety of factors, including the borrower's creditworthiness, the amount of the loan, the loan term, and the purpose of the loan.

FNB's interest rates are competitive and designed to provide companies with affordable financing options that meet their financial needs.

Benefits of using FNB’s business term loans

• Flexible financing options tailored to your business needs
• Competitive interest rates
• Quick and easy application process
• Expert advice from FNB's consultants
• Access to capital to grow and expand your business
• Multiple application channels (online, in-branch, and via the FNB Banking App)
• Flexible repayment terms to suit your budget
• Funding is available for a range of business purposes, including working capital, asset financing, expansion, and more
• Loan amounts that can be customized to meet your specific financial needs
• Loyalty rewards for customers who maintain a good credit record and have an FNB account
• Transparent fees with no hidden costs.