Categories
Business Cash Loans

Business Fuel

Business Fuel is a lender for Small, Medium and Micro-sized Enterprises (SMME)offers business loans up to R2 Million with easy repayment terms, payout within 3 days and the flexibility to withdraw or repay capital as your finance requirements fluctuate.

To apply your business must have a turnover of more than R1 million per year.

How to apply with Business Fuel

You can either:

  • Apply online within minutes OR,
  • Call Business Fuel and a consultant will help you complete your application telephonically.

Contact Business Fuel

Contact a Business Fuel consultant directly on 021 914 0384.

  • EMAIL clientcare@businessfuel.co.za
  • PHONE 021 914 0384
  • PHYSICAL ADDRESS
  • Unit 5 Waterfront Terraces | 3 Waterfront Road | Tyger Waterfront | Tygervalley, 753
Categories
Business

How FNB Savings Pocket Works

Savings Pocket by FNB is a an additional bank account which saves by rounding off change everytime you swipe for using your Bank Card. It  is available to you if you have a Smart, Gold, Platinum, Private clients Islamic or Business cheque account. With FNB’s  Bank Your Change you can save whilst you spend! How? The purchase amount gets rounded up and the difference is transferred into your Linked Savings Account where your money will earn interest –

It works as follows: each time you swipe your FNB Cheque Card the amount gets rounded up to the nearest R2, R5, R10, R20 or R50 (you choose the amount) and gets placed in a separate savings account (Bank’s your change). The funds that are saved are then readily available anytime you need them as the Savings Pocket is linked to your Cheque account so you can access the funds at your FNB ATM or simply transfer the funds using your electronic banking. This is a clever way to build up cash for things you need later on in the future without realising that you are saving! Savings Pocket is free. You will also earn with a nominal interest rate on the balance of your Savings Pocket.

Categories
Business

ABSA Pension Secured Home Loan

Pension Powered Home Loan from Absa allows your employees to use their pension or provident fund benefit as security against a home loan without eroding their retirement benefit.

The amount that the employee borrows is guaranteed against the fund, meaning their pension or provident fund value is only affected in exceptional circumstances.

We give you all the tools you need to manage the loan. The fund trustees, managers and employers determine the maximum amount that can be borrowed, as well as the percentage and payback.

We also offer an affordable credit protection plan, which will settle your employee’s outstanding balance in the case of death, disability or retrenchment.

Features

  • Limitations on the amount that can be borrowed to a set percentage determined by the pension or provident fund
  • Repayments are deducted directly from your employee’s salary, making it very easy to manage
  • Finance costs for the home loan are reduced because there are no bond registration or valuation costs