Hout Bay (Black) Business Opportunities Forum
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AGM
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Annual General Meeting
8 July 2006
Nedbank Small
Business Offering
Hayder Dalwai
Business Support Manager Nedbank
St.Peter’s Hall
Hout Bay
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Our focus
- We have a dedicated Business area that focuses on the SME market
- We(SBS) focus on small sized businesses with an annual turnover up to R7,5 million, & who employ approx 25 people. Businesses outside of this area are looked after by our Business Banking Division
- Our market segmentation approach allows for a greater focus on a market that has diverse and specific needs
- Specific target markets include:
- Small sized franchises
- Small professional entities (e.g. Doctors, Accountants, Dentists, lawyers etc)
- Emerging small business (Start-ups, contract finance)
- Traditional small business (General service. retailing & manufacturing concerns)
- Clear focus on Black owned and managed businesses
Market Challenges
- Access to markets
- Business and Financial Acumen
- Business formalisation
- Access to Support Services/growth partners
- Lack of Collateral
Our Response
- We deliver through dedicated relationships (Bankers / Managers) throughout our branch network
- A “specialist unit” to focus on franchise and “start-up” sectors of the market
- Clear focus on Black owned businesses
- Products solutions, services & competitive pricing are tailored to the specific needs of small businesses
- Service efficiency and excellence
What makes us different and what dictates our business model? |
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- Value-added services (“Beyond Banking”)
- Free business management seminars
- Financial assistance through Khula
- Non-financial assistance (coaching and mentoring programmes) through Business Partners & Sizanani Advisory Services
Our Products and Services
- We deliver through dedicated relationships (Bankers / Managers) throughout our branch network
What is finance required for? |
Duration of finance Requirements |
Facilities available |
Working capital
Debtors
Stock |
Short term |
Overdraft facility
Debtor Finance
Guarantees
Short Term Loans |
Fixtures and Fittings
Plant and equipment
Vehicles
Renovation of premises |
Medium term |
Asset Based Finance
- Instalment Sale
- Lease
- Rental
- Medium Term Loan
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Property Finance |
Long Term |
Residential
Home Loan
Commercial
Property Finance |
Concluding remarks
- We specialise in franchising and start-ups
- Focus on Black owned businesses and have recognised the unique challenges perculiar in this market
- Differentiated credit lending model to deal with these challenges
- We offer “value-added” business advice through free Business Management seminars
- Strategic partners that provide non-financial assistance - coaching, mentoring & risk improvement programmes
- Our value proposition is underpinned by service efficiency & excellence
- Improved availability of SBS practitioners across our branches
To contact the writer:
Hayder Dalwai
Tel.: +27 (0) 21 412-3000
Web: www.nedbank.co.za
hayderd@nedbank.co.za
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Source: News June/July 2006
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Keynote By Jo-Ann Johnston, Chief Director Deptm. of Economic Development & Tourism
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From the desk of the Chairman of HBBOF, Rev. Jonathan Dreyer
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Dermod Gloster, Journalist, Dermod Gloster & Associates
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