The right bank can be the catalyst you need for business success
Raghmah Solomon is a seasoned interior designer who has been in the business for over 16 years. Specialising in the commercial sector, she founded Vortex Design Solutions in 2015 and after 7 years, is flourishing in her industry. But her journey to get there hasn’t been easy. Everything was going well until the Covid-19 pandemic and lockdowns struck, replacing Vortex’s busy schedule with an empty business calendar, literally overnight. Like many new business owners, Raghmah had always avoided debt wherever possible. However, the sudden downturn left her with no option but to look for funding. She initially turned to her long-standing bank but found the process to be surprisingly tedious and the terms of the overdraft that she eventually obtained unaffordable. Dissatisfied with her experience, Raghmah began looking for another banking partner. That search led her to a Nedbank branch in Woodstock, Cape Town. She says that she was instantly struck by how the environment in Ne...