In 2019, Capitec announced that the Minister of Finance and other Regulatory Authorities formally approved Capitec’s acquisition of Mercantile Bank. Capitec bank purchased Mercantile to offer business banking solutions from small businesses to large corporates.
Following the acquisition, many business owners can now get a specialized range of secure and amazing business and commercial banking products and services. The whole idea is to cater for business solutions to business to best suit the market’s unique and evolving needs.
The prices are transparent, and Capitec through Mercantile offers skilled and experienced business banking teams committed to solution-driven service excellence across all operations within the bank.
Mercantile Bank’s focuses on the following industries
⦁ Finance, Business and Professional Services
⦁ Manufacturing and Engineering
⦁ Wholesale, Retail, Trade, and Franchising
⦁ Transport and Logistics
With the business solutions offered by Mercantile, you can get a comprehensive range of Business commercial banking transactional products catered for your business. You will also get an opportunity to borrow products to suit your unique requirements for your business.
Your investment need will be met and you can also ensure your company through a range of insurance products tailored to suit your business needs. The merchant services are also offered to take care of all your card-based customer purchases.
You can get in touch by SMSing the word “GROW” to 32470 or visit www.mercantile.co.za (Mercantile Bank Limited. Reg No:1965/006706/06 – NCRCP19)
For further information visit: https://www.capitecbank.co.za/business-services/mercantile-business-banking/