JM
Jason M

1 reviews | Active since Mar 2018

17 Apr 2018, 10:30

FNB - WORST bank for entrepreneurs

Good day.

"I am 26-years old and am a business owner. I have the biggest order of my career so far, and need an overdraft to fund it. I have the orders worth R350 000, but they wont give me an overdraft. Not even 1cent.

How is a struggling 26-year old entrepreneur supposed to make it if the bank doesn't want to help out? FNB constantly prides themselves on being the best bank for entrepreneurs, I have yet to see this."

Above was my first post. Still saying there is nothing they can do for me as they do not lend money out on contracts. But when I started this business last year they only lent me the money because I have a 5 year contract from a massive client. So they are contradicting themselves. My first business has been with FNB for 5 years now.

I will try ABSA or Nedbank. My father's business is with another bank and if he wants to finance a job he normally gets his overdraft approved within an hour or two.

0
Replies (1)
FNB (First National Bank)
FNB (First National Bank)'s reply17 Apr 2018, 11:55
Official

Good day Jason Moller,

Thank you for your posting.

Your comments has has been escalated to FNB Business Banking and they will provide feedback.

Complaint reference number ***NF.

Regards,

Hello Peter Complaints Team

*** (option one)