Is this really a free loan to small business owners?
In a bold move and probably surprising to most observers of banking policies towards small business owners in South Africa, Nedbank this week announced that they will be offering free loans to small business owners. But how will this work? Is it the usual marketing nonsense with 50 strings attached or has a South African bank finally stepped up to the plate of supporting small business owners.
Bruce Whitfield of radio 702 recently interviewed Mark Rose is the head of Small Business Services at Nedbank
Your feedback and observations welcome
Read the full interview here: