Please select


For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Please select


For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

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By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)

Transact

Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

Overdraft Loans Debtor Finance Leveraged Finance Private Equity Vumela Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange International Trade Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Business Hub eBucks Rewards for Business DocTrail™ CIPC Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning

Overview

Bank Better

Demos KYC / FICA Debit order + recipient switching Electronic Alerts

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Product Shop

Corporates + Public Sector

Corporate Public Sector

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Product Shop

Private Banking

Private Banking

Vumela


Call us on: 087 736 2000

Email: heather.lowe@fnb.co.za

Vumela Enterprise Development


Building the nation one SME at a time

By providing SMEs with appropriate finance and/or fitting strategic and operational support they would not normally have access to, it is possible to unlock their potential and help them grow.

What this is


Filling the gap

FNB Commercial, together with Edge Growth, manage the Vumela Enterprise Development Fund and through it makes equity investments into high growth SMEs currently struggling to access finance through traditional channels.


Growth finance of this nature is challenging to access in the SA economy as it falls into the 'missing middle'.


Vumela Enterprise Development offers


  • BEE capital
  • Growth finance
  • Expert growth support/intensive business development support
 
 

Who this is for


Developing all businesses


Vumela Enterprise Development applies to both early stage ventures as well as more mature expanding businesses.


These are businesses that are:


  • Too large for microfinance
  • Don't meet traditional credit criteria in terms of collateral + balance sheet requirements
  • Too small or early stage for private equity, and don't generate the exceptional returns that venture capital seeks.

FNB Commercial actively works with its investees to ensure the growth of these businesses to achieve the objectives of sustainable job creation and related social impact.

Getting it made easy


Vumela Enterprise Development

How to get it

Call me back

Documents needed

  • Application form
  • Detailed business plan
  • Historical financials

View the website