Partnering with you to grow your medical practice

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1 Partnering with you to grow your medical practice BUSINESS BANKING

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3 Your time is money. When you need to attend to other matters, you are not earning money. That is why we, at Nedbank Business Banking, have designed an innovative range of practical business banking solutions to ensure that your time and energy is spent doing what you do best saving the world, one life at a time. Get your dose of business and personal financial wellbeing with transactional and lending banking solutions, as well as value-adds such as private banking, business assurance/insurance, retirement funds and access to seminars that are relevant to the medical fraternity. Our specialist approach your dedicated business manager Our client-centric approach to business banking ensures that you always have access to a wealth of expertise. Your relationship banker is your primary point of contact and partner in growing your business. A highly personalised relationship with your banker affords you expedient service, expert and customised advice, as well as enhanced turnaround times on applications. Your relationship banker is backed by a team of specialists with a deep understanding of the complexities of the medical profession. This understanding is relevant and practical based on up-to-date research as well as our synergistic approach to solution management. Partnering with this highly focused team of specialists, you will be able to benefit from uniquely tailored transactional, lending and value-added business banking solutions. 2

4 Our business solutions Transactional banking and investment solutions Our extensive suite of transactional banking options offers an optimal solution for the medical fraternity. They can be used to streamline processes and enhance financial management capability cost-effectively. Our primary transactional services include: NetBank Business a highly secure, worldclass internet-based electronic banking system that is designed for efficiency. With our innovative NetBank electronic banking system, you never have to wait for the morning to undertake your business transactions. You can do this any time, anywhere, as long as you have access to the internet. In line with our client-centric approach to business banking you will find that NetBank Business is userfriendly, versatile and practical. Whether you need to make secure fund transfers, pay third parties or view your statement, do it online, any time, in the comfort of... wherever you are! Card acquiring an essential tool for effective and efficient management of your patients medical (point-of-sale device) payments. Nedbank is the largest acquirer of card transactions in South Africa and offers its NedLink card acceptance machines to all medical practices. This solution helps to alleviate the headache and stress associated with account settlements. Nedbank has relationships with all local transaction switches, which are backed up by a 24/7 helpline facility. Nedbank business an essential and handy expense management tool, something to smooth out your and personal credit cashflow with up to 55 days interest-free credit. Optimal security and detailed cards monthly reporting to keep you on top of your business or personal finances at all times. The cards cater for all types of transactions travel, entertainment and purchase of supplies. Nedbank garage card opt to have this card linked to your business credit card and enjoy efficient control of all vehicle-related expenses. Nedbank Greenbacks can be used to benefit both your practice and your lifestyle. When you sign up for rewards the rewards programme, you will receive a FREE Nedbank American Express Premium Card to earn rewards points twice as fast. Investments In recognising that every professional has unique requirements when it comes to the management of investments we have designed various options to suit your shortand long-term investment needs. 3

5 Lending solutions You will appreciate our flexible, practical and cost-effective finance packages that are customised to your medical practice, taking into consideration its present position and future goals. Our primary lending solutions include: Flexible overdraft the funding of working capital requirements, when required during certain months facility of the year. This service caters for any seasonal impact on cashflow throughout the year, and allows for bridging cash while awaiting payments from medical aids. You can take advantage of the flexible overdraft facility to assist you in funding short-term working capital expenses while your medical practice is being built or set up. Partner loan finance specially designed to provide financial solutions for BEE transactions and/or the entry of new medical partners. This finance option can be used to cater for the recapitalisation of an existing partner s loan account. Asset-based finance innovative, flexible and cost-effective finance for the purchase of moveable or durable assets. We understand that some equipment and tools are essential for your medical practice in order for you to operate efficiently. At Nedbank Business Banking we offer you tailored solutions on an instalment, sale, lease or rental basis. This finance can be used for a wide range of medical equipment, vehicles or practice/office equipment. Commercial property provides a long-term loan facility to medical practices for the acquisition of finance (NedBond) commercial property. We offer flexible finance to buy or enhance fixed property, incorporating interest-only periods. 4

6 Adding value We have a line-up of value-added wealth creation products and services that are designed to give your medical practice the edge. They include: Banking for the We recognise that your personal and business needs are interrelated at times. individual Nedbank takes a holistic view of you and your medical practice and is also able to offer a range of retail banking products and services styled for you, the individual. BoE wealth a solution focused on wealth creation, brokerage and fiduciary management management, products and services. fiduciary and broking You will benefit from the best advice, unequalled service and a full spectrum of services services that include investment management, financial and retirement planning, as well as tax and estate planning, all offered through a single point of contact. Business insurance/ provides for business contingency and continuity planning. assurance You benefit by having access to expert advice and assistance in the following areas: Contingent liability protection protects the estate of a guarantor to a practice in the event of death or disability. Keyperson cover provides sufficient capital to replace a key individual in the event of death or disability. Employee benefits assist with setting up provident or medical funds, or managing existing funds. Nedgroup Insurance Brokers offers a full range of short-term insurance products aimed at complementing and supporting Nedbank s banking service. Efficient business account switching The benefits of opting for short-term insurance through Nedbank include: a one-stop shop for all your finance and short-term insurance requirements; transfer of the risks from you to an insurance company; access to short-term insurance expertise and specialists; and access to a wide range of blue-chip general and specialised suppliers. Let Nedbank take all the hassle out of moving your business account to us. A specialist team will manage the end-to-end process of switching your debit order payments, together with notifying and managing medical aid payments to your new account at Nedbank, ensuring no disruption to your cashflow. Contact your relationship banker on or us at medical@nedbank.co.za today to see how Nedbank Business Banking can partner with you to grow your practice. 5

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8 Disclaimer This communication has been prepared solely for information purposes. It is strongly recommended that appropriate professional advice be sought before acting on any information contained herein. While every care has been taken in preparing this communication, no representation, guarantee, warranty or undertaking, expressed or implied, is given as to the accuracy or completeness of the information or representations. All information contained herein is subject to change after publication, at any time, without notice. The past performance of any investment product is not an indication of future performance. Nedbank Ltd Reg No 1951/000009/06, 135 Rivonia Road, Sandown, Sandton, 2196, South Africa. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16). Published April 2011