Rating based on 55 reviews

Bidvest Bank

  • Low rate loans
  • Reliable loan options
  • Asset finance

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Bidvest Bank homepage
Author Bidvest Bank. Screenshot of Bidvest Bank website.
[Accessed January 24, 2023]

About Bidvest Bank

Bidvest Bank is a smaller second-tier South African banking institution that offers both individuals and businesses a range of financial products and services.

They have a unique approach to business finance and offer customers better service and personalised attention at low rates.

Filling up gaps in the market

At Bidvest Bank, they don’t do things in the same way that their mainstream competitors do. They are better placed and better equipped to manage and deal with business finance and therefore offer unique solutions that fill up major gaps in the South African business finance market.  

Bidvest Bank Services

Bidvest Bank offers both vehicle and asset finance as well as working capital loans to South African businesses that are growth-orientated and are seeking a personalised financial solution.

Whether you're looking to perform maintenance on your fleet, purchase new equipment or simply ensure your day-to-day operations run smoothly they will offer you a unique quick loan solution.

Serving your business with exceptional expertise

Whether you're running a factory or a logistics company Bidvest Bank will review your finances and talk to you about your needs in order to determine the best business loan or banking solution for you. They have a panel of business finance experts that are ready to put their years of knowledge, experience, and training to work to get you financed fast.

Bidvest Bank – Business loan

  • Loan Type Business loans
  • Decision 72 hours

Benefits of Bidvest Bank

  • Great deals on business asset finance
  • Loans for commercial property and equipment
  • Working capital loans

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

They have a unique approach to business finance and offer customer better service and personalised attention at low rates

Whether it's asset-based finance or working capital that you're after, Bidvest Bank is here to hear you out and tailor a solution to meet your needs.

In addition to business finance, they also offer banking solutions designed for businesses just like yours and will arrange facilities to help you achieve your bottom line and grow your business simultaneously.

Applying online for business finance

In order to make a loan application for a working capital loan or asset finance with Bidvest Bank - you must be an existing customer. This means that your business must be making use of its banking solutions. If you are an existing customer you can make an online loan application or request a call back through their website or simply give them a call. You can also apply at a branch at a time that suits you.

Knowing where your financial boundaries lie

As much as you would like to be assisted when it comes to your business loan, they can’t help you if you can’t afford the credit plan or if you qualify for a lower rate. It is important that you check the affordability of your business before you opt for an advance that will be too difficult for you to pay up.

It is also important that you don’t apply for an amount that you don’t really need. Should you find that you qualify for an amount that is significantly larger than what you applied for, stick to the amount that you requested in the loan application. Financial discipline goes a long way and in essence, that is how you can ensure that your credit profile remains in good standing.

Are you struggling to pay your business loan on time?

Failing to meet your financial obligations on time will render extra charges to your business loan. Don’t wait for the date of your debit order to notify them that you are undergoing financial difficulties, notify them as soon as possible.

A constant pattern of missed or late payments will eventually have a negative effect on your credit profile.

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Bidvest Bank is a trusted & reliable provider of business loans

In our review, Bidvest Bank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Bidvest Bank is a registered credit provider in South Africa: NCRCP17

Customer Reviews & Testimonials

August 2018

The interest rates at Bidvest Bank for business loans are incredibly low and affordable.

Nkesani N
— Bedford View —

January 2019

I was able to start my business with the help of the credit plan I got from Bidvest Bank.

Thomas H
— Pretoria —

April 2019

Applying for a Bidvest Bank business loan was not only easy, but it was also fast and convenient too.

Ashmika N
— Durban —

Bidvest Bank Contact

Physical Address

  • 11th Floor, Rennie House, 19 Ameshoff St Johannesburg Braamfontein 2001 South Africa
  • Get Directions

Postal Address

  • P O Box 185, Johannesburg, 2000, South Africa

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed