Get ProtectedYou plan to expand operations
we'll provide the backing you need
At Standard Chartered, we understand the challenges faced by Small Medium Enterprises (SME) such as growing financial needs whilst expanding operations or adjusting to changes in the economy and environment.
Our Business Instalment Loan is tailored to meet your business financial needs. Take advantage of the facility to achieve your business expansion plans and to grow your business.
Business Instalment Loan offers a range of benefits:
Loan Amount of up to BND 100,000
Attractive interest rate
Interest is calculated on a monthly reducing basis.
Repayment up to 48 months
Greater flexibility in cash flow management
No collateral required
You don't have to pledge your assets to be eligible.
Fast and easy application process
Upon receiving full documentation, we will approve your application within 7 working days subject to approval conditions.
No restriction on loan usage
You can use the loan for any commercial purpose; be it to purchase properties, office furniture or even to pay your employees' salaries!
Who can apply?
- Sole Proprietors; Partnership and Limited Companies
- Any business established for more than three (3) years
How to apply?
Simply bring along the following documents to your nearest Standard Chartered Bank branch:
- I/C and/or Passport of Sole Proprietor/Partners/Directors/Shareholders/Guarantors
- Latest 12-month company/personal bank statements
- Latest 2 years Management Accounts
- Company Registration - Section 16 and 17 (Sole Proprietor and Partnerships)
Applicable to private limited companies only:
- Company Registration- Form X, Certificate of Incorporation
- Board of Directors' Resolution
- Memorandum and Articles of Association
- Returns of Allotment of Shares, if available
- List of Members to Accompany Annual Returns, if available
- Latest 2 years Audited Accounts
For more information on Standard Chartered Business Instalment Loan, please visit our SME Banking Centre in Gadong or contact our SME Relationship Managers at 242 6000 or 245 3040 who will be most happy to assist you.
Alternatively, you can call our Phone Banking Centre at 265 8000.
Bank’s terms and conditions apply.