Get ProtectedYour diverse business needs
our customised solutions
At Standard Chartered, we understand how important it is to be financially flexible. That is why we offer a comprehensive range of credit facilities with competitive interest rates and a variety of repayment options to suit your needs.
So whether you are in need of financing for working capital, business growth or for import of goods and / or services, we can structure a financing solution best suited to your requirements.
Security Requirements
Acceptable collateral/securities are Cash, Debenture, Assignment of Project Payments and Bank Guarantees, Standby Letters of Credit (SBLCs), Residential and Commercial Properties.
Documentation required
Standard documents:
- Certificate of Registration - section 16 & 17 (for sole Proprietor and Partnership only)
- Certificate of Incorporation and Form X, Memorandum and Articles of Association, List of Shareholders and their particulars (for Limited Company only)
- Identification Card (IC) or Passport of sole proprietor / partners / directors / shareholders / guarantors
- Profit & Loss Balance Sheet of past 3 years (audited / management) - minimum 2 full years and latest financials not more than 6 months old
- Projected Profit & Loss for the current financial year
- Past 6 months company / personal bank statements
- Latest debtors and creditors aging report
- Organisation chart / management team
- Brief write-up of company profile / background
Additional documents for project financing (construction):
- Letter of award for project
- Projected cash flow for project (scope of work)
- List of projects completed, in progress and tendered for (project name, amount and period to be stated)
Eligibility
To be eligible, your business must fulfill the following requirements:
- Sole Proprietorship, Partnership or Private Limited Company registered or incorporated in Brunei;
- Have been established and in operation for at least 3 years; and
- With minimum annual turnover of BND750,000
For more information on Standard Chartered SME Trade and Working Capital, please visit our SME 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.