How to get your business ready to access financing

Educational Material

|

7 December 2021

|

Author: Somila Dayile

Before beginning the finance application process, 2 things are essential:

  • Registering your business with the CIPC, and
  • Opening a business bank account.

But running a business is already so time consuming, why should you take the time out to complete these first 2 steps?

Most finance institutions require you to provide proof that you’re committed to running a business and that you’re willing to separate your business operations from your personal operation.

The way that to ensure these actions can be successfully tracked in your business is by registering as well as opening a business bank account.

An easy way to do this is by using the FNB platform which allows you to easily open an account and register your business in a few steps. Click here to get started.

Never miss new insights

Subscribe to be the first to access business funding news and insights.

Email

Share with your connections

People Also Read

Never miss new insights

Subscribe to be the first to access business funding news and insights.

Email

Share with your connections