Business Credit
At Standard Chartered we strive to constantly develop products to meet your needs in a competitive and dynamic business environment. We undestand that you require quick access to fuel your business growth. Standard Chartered Bank’s Business Credit provides the liquidity you need to grow your busness or meet cash flow requirements. The loan enables you to leverage your property to obtain financing.
Secure a loan of up to 70% of your current property value: be it a residential or commercial property. Whats more, you can receive up to 100% of the approved loan amount as an overdraft to use as and when you need. The remainder can be disturbed as a term installment loan.
Flexibilty and competitive rates:
- With an overdraft, you have the flexibility to use the funds as and when a business need arises. Plus, you’ll enjoy competitive interest rates for secured funding ( as comapred to unsecured funding).
The minimum amount one can apply for is BWP120 000 and the maximum is BWP4 000 000.