Nedbank is my "banking partner" and as such has failed me every time I have requested some form of financial tool.
In June 2013 I realized my company would be heading for short term cash flow issues. We applied for an extension on our overdraft facility and after incurring cost to the value of R20K to comply with their requirements they simply offered me more of the same they have given me in the past. A big fat No. This in a company making a substantial profit. I was simply awaiting for an overseas debtor to pay. I will realize this debtor at the end of September, so my crisis is over.
I am glad to say that I have managed to service all my creditors in that time, without additional help, so they have proven once again how little I needed them.
I want to thank Nedbank for Nothing, and for misleading me through a clever propaganda campaign that led me to believe that they would look at my business needs and help me grow.
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