This provides your business with short-term working capital. Repayment can be structured from six to 24 months with options of weekly, monthly, quarterly, bi-annual or annual repayments.
Minimum requirements for applying
- You need to have a business transaction account with Stanbic Bank.
- The source of your income must be validated by us.
- You must be legally empowered to borrow.
- There must be a valid reason why the business needs the loan.
- Your business account must have been managed responsibly over the past six months.