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With a Bidvest Business Loan and Advance, you can finance the everyday operations of your business with a working capital loan, or raise funds to inject capital into your business for medium to long term growth. With their asset-based finance, business loans and advances, Bidvest builds strong relationships with the energetic, growth-minded companies who bank with them.
How it works
Choose from the following options
1. Asset-based finance:
2. Working capital loans for your company’s day-to-day operational expenses.
3. General banking facilities
Your applications will be viewed case-by-case, where a repayment structure will be scheduled to suit your business’ individual needs. Bidvest rates are competitive and your loan application will be considered based on your company’s financial standing and credit-worthiness.
Note: Facilities are reviewed year by year and standard credit criteria apply.
More information on each of the products listed above in section 1. Asset-based finance :
Full maintenance leasing
With a full maintenance lease you can cover your company’s vehicles for unforeseen maintenance such as normal wear and tear and all routine services.
With fixed monthly costs, you can stay within budget irrespective of the actual vehicle expenses incurred.
A full maintenance car lease:
This is the ideal option if you receive a travel allowance and want to use the vehicle for a specific period of time and distance, without the ownership of a depreciating asset. It's much like hiring a car for an extended period of time.
The Operating Rental generally provides the lowest cash outflow and the lowest risk:
Instalment sale finance
You can pay off your company vehicles and other movable assets over an agreed period of time. The two options Bidvest offers both allow for companies and car allowance recipients ownership at the end of the contract without an upfront deposit. The main difference between the two is the manner in which a deduction against income tax can be claimed.
Commercial property finance
Renovate your commercial, industrial or retail property or re-finance an existing funding structure with a Bidvest competitively priced commercial property financing solution. The Bidvest team is dedicated on delivering a personal and highly responsive service to the finance requirements of executives, property owners and investors.
As a niche bank, they’re able to offer superior levels of personal service, complemented by a dedicated focus on your personal business needs. As a Bidvest Bank commercial property finance client:
Medical equipment finance
As part of the Bidvest medical equipment finance offering, Bidvest will help you obtain access to the necessary technology on terms that suit you. And your practice can continue to grow without the needing to extract large chunks of capital from it.
They build strong relationships with their clients. As a Bidvest Bank medical equipment finance client:
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