Nedbank
SA's merchant-cash-advance and commercial-property specialist among the big four. GAP Access is best-in-class for merchants; NedBonds is market-leading on property.
Nedbank owns two categories outright: merchant cash advance among the big four (GAP Access) and commercial property among all banks (NedBonds + Nedbank Property Partners). Partner Equity Loan for accounting / legal / medical firms is under-marketed but unique. Their agri book is deep, especially with Land Bank blended finance.
About Nedbank
Nedbank tiers SMEs: Small Business Services up to R30m turnover; Commercial Banking R30m-R2.5bn. Over 500 small-business bankers in 200+ locations, complemented by Nedbank Business Hub (digital origination) and the free SimplyBiz platform (open to non-Nedbank clients, 84,000+ businesses). Core products: Overdraft (digital, prime-linked), Invoice Discounting / Debtor Management (up to 80% of local/international debtor book), Stock Financing (up to 80% of cost of goods), Business / Medium Term Loan (3-5 years medium, >5 years long-term), Vehicle & Asset Finance via MFC (Avo Auto marketplace, 12-60 months), Equipment-Based Finance / Rental Discounting, Partner Equity Loan for professional firms (accounting, legal, medical, engineering), Commercial Property Finance (NedBonds — market-leading senior debt + mezzanine via Nedbank Property Partners, up to 15+ years), Property Development Finance, Renewable Energy Funding (up to 10 years, Avo Solar + Land Bank blended finance), Agriculture Finance (seasonal overdraft, Agri-Nedbond up to 15 years, trade/export credit), Medical Practice Finance, Franchise Finance (pre-approved criteria, ~31% share of franchised fuel stations since 2019), GAP Access MCA (R30k-R1.5m, daily repayment 5-15% of card POS turnover, 6 or 9 months), business credit cards, and trade finance via NedTreasury. ESD programmes: ReNEW (R240m+ social value since 2021), Kasi Business Workshops (48,000+ township SMMEs), WWF Green Trust (35+ years), SA PALS land-reform mentorship.
Is Nedbank a fit?
Typically fits
Merchants with strong POS turnover (GAP Access is best-in-class among big banks), commercial property investors (NedBonds is market-leading), farmers needing seasonal and long-term agri finance, professional-services firms (Partner Equity Loan), and franchisees with accredited brands.
Probably not a fit if
Pre-revenue startups or sole traders without meaningful transactional history — Nedbank's scoring models reward established trading patterns.
Products
GAP Access
Revenue-basedR30k-R1.5m. Daily repayment at 5-15% of card POS turnover. 6 or 9 months. Available to Nedbank merchants with ≥3 months on the device.
- Rate
- Fixed fee (no APR shown)
- Speed
- 24-48 hours
- Amount
- R30k – R1.5m
- Term
- 6-9 mo
Best for: Merchants with strong POS turnover needing 24-48 hour working capital; best-in-class among the big four banks.
Apply directly with NedbankInvoice Discounting / Debtor Management
Invoice financeFinance up to 80% of local or international debtor book. Optional debtor administration.
- Rate
- Fee per invoice + admin
- Speed
- 1-2 weeks for setup
- Term
- 1-4 mo
Best for: Established SMEs with a clean, diversified debtor book on 30-90 day payment terms.
Apply directly with NedbankNedBonds (Commercial Property Finance)
Property financeMarket-leading senior debt + mezzanine via Nedbank Property Partners. Undrawn funds, interest-only periods, fixed or floating rates. Up to 15+ years on Agri-Nedbond.
- Rate
- Prime-linked (risk-based)
- Speed
- 4-8 weeks
- Amount
- R1m+
- Term
- 60-240 mo
Best for: Commercial property buyers and developers across retail, office, industrial and affordable-housing assets.
Apply directly with NedbankFunding types Nedbank covers
FAQ
Is Nedbank a registered credit provider in South Africa?+
Nedbank operates in the South African SME lending market. For specific regulatory status (NCR registration, FSP licence), check their website or the regulator's public register.
How fast can Nedbank fund a business?+
Decision times depend on the specific product and your documentation. Frank shows typical speed per product, your specific application can go faster or slower based on the docs you have in hand.
What documents does Nedbank need?+
Standard SA lender paperwork: last 3-6 months of bank statements, CIPC company documents, director IDs, and, depending on size, latest financials or management accounts. Frank surfaces the exact requirements per product before you apply.
Why apply via Funded by Frank rather than directly?+
Same rates, same application, but Frank walks you through it and compares Nedbank to alternatives before you commit. If Nedbank isn't the right fit, Frank points you at the better option.
Does Funded by Frank charge me to apply?+
No. Frank is free for businesses. We earn a referral fee from Nedbank only if your application lands, that doesn't change the rate or terms you get from them.
Not sure if Nedbank is the right fit? Let Frank walk you through the options.
Answer a few quick questions about your business and Frank will show the funding shapes that typically fit, with the lenders who offer them.
See your funding options