Revolving short term loan
This is a short-term loan used to buy stock for your business.
What does it offer me
- Ability to structure the loan to your specific business cycle
- Allows you to manage stock effectively
- Pay outs usually made against invoices from suppliers.
What do I need to apply
- Business registration documents
- Insurance on stock
- Financial statement and cash flows
- Accepted collateral includes but is not limited to: Landed property, cash or investments and Bank Guarantee from a reputable bank
- Favourable credit bureau report
- You may need to meet other conditions or give us more documents subject to specific borrower conditions.
How to apply
E-mail our trained consultants on firstname.lastname@example.org and they will be in touch with you very soon. You can also visit your nearest Standard Bank branch for more information.