Business Revolving Loan
Access flexible working capital to fund your business expansion or income-producing assets with your Business Revolving Loan. You need a Business Current Account for the funds to be paid into. Once you have repaid 15% of your loan limit, you can access the funds again without reapplying.
R
10 000
Min loan amount
60
Months to pay
Personalised
Interest rate
Some of the benefits
Revolving credit
Re-use your credit facility once you’ve repaid 15% of your original loan amount without having to reapply
Fixed repayments
Manage your business budget by knowing exactly how much you’re repaying every month
Flexible + convenient
Credit is available for as long as you need it and you can make minimum monthly repayments whenever you need to
Improved ratings
Build a positive payment history with us for your business credit report
Ready to move to Standard Bank?
Open your Business Current Account with people who are serious about where your business is going.
What you get
- Apply for a Business Revolving Loan as a cashflow management tool for your business
- Get access to additional funds in between payments and collections
- Whether you need a medium- to long-term loan, the revolving credit is always available when you need it
- Should you choose to settle your loan at any time, you will not be charged penalties
See T&Cs for Business Lending Juristic in NCA
See T&Cs for Business Lending Juristic outside NCA
See T&Cs for Business Lending Natural In NCA
How it works
- You need a Standard Bank Business Current Account to qualify for a Business Revolving Loan
- Your funds will be made available in your Business Current Account
- Monthly repayments for capital and interest are fixed
- Your interest rate is personalised and linked to prime rate
- If the interest rate changes, it will affect your repayment term but not your monthly amount
- The minimum repayment term is 60 months
- You can access funds again* once 15% of your limit is repaid
- Your original term will then be extended
*Subject to good credit record
What it costs
- Fixed monthly repayments
- Once-off initiation fee: 1.26% of your approved limit
- Monthly service fee: R69
- Lending review fee: 1.1% of your approved limit
- Personalised interest rate
How to get it
Apply on Online Banking/ Online banking for Business:
- Sign in to Online Banking/ Online Banking for Business
- Select the “Borrow” tab
- Complete the affordability assessment and follow the simple steps
- If your Revolving Loan has been approved, you will receive a final offer
- Accept the offer
Or
Apply on the Banking App:
- Sign in to the Banking App
- Tap on the “More” tile
- Select “Open a new account” and then selct “Personal Lending”
- Navigate to “Revolving Loan” and select “See what you can get”
- Complete the quick application
Or
- Speak to your relationship manager
- Email us
- Call us on 0860 109 075
- Or speak to us at your nearest branch
-
What you get
-
How it works
-
What it costs
-
How to get it
- Apply for a Business Revolving Loan as a cashflow management tool for your business
- Get access to additional funds in between payments and collections
- Whether you need a medium- to long-term loan, the revolving credit is always available when you need it
- Should you choose to settle your loan at any time, you will not be charged penalties
See T&Cs for Business Lending Juristic in NCA
See T&Cs for Business Lending Juristic outside NCA
See T&Cs for Business Lending Natural In NCA
- You need a Standard Bank Business Current Account to qualify for a Business Revolving Loan
- Your funds will be made available in your Business Current Account
- Monthly repayments for capital and interest are fixed
- Your interest rate is personalised and linked to prime rate
- If the interest rate changes, it will affect your repayment term but not your monthly amount
- The minimum repayment term is 60 months
- You can access funds again* once 15% of your limit is repaid
- Your original term will then be extended
*Subject to good credit record
- Fixed monthly repayments
- Once-off initiation fee: 1.26% of your approved limit
- Monthly service fee: R69
- Lending review fee: 1.1% of your approved limit
- Personalised interest rate
Apply on Online Banking/ Online banking for Business:
- Sign in to Online Banking/ Online Banking for Business
- Select the “Borrow” tab
- Complete the affordability assessment and follow the simple steps
- If your Revolving Loan has been approved, you will receive a final offer
- Accept the offer
Or
Apply on the Banking App:
- Sign in to the Banking App
- Tap on the “More” tile
- Select “Open a new account” and then selct “Personal Lending”
- Navigate to “Revolving Loan” and select “See what you can get”
- Complete the quick application
Or
- Speak to your relationship manager
- Email us
- Call us on 0860 109 075
- Or speak to us at your nearest branch
Understanding your risk profile
Environmental
Environmental
Risk that mostly refers to the industry in which you plan to set up your business and your customers.
Financial
Financial
Risk that’s determined by the financial state of your business, and the security that you’re able to offer.
Management
Management
Risk that takes into account the skills, commitment and abilities of the owners and management of your business.
What you need to apply
What you need to apply
Knowing up-front the information we need from you will help your application process run as smoothly as possible.
We also offer
Business Current Account
Run your business with a business bank account that lets you manage your money and transact 24/7 from your Banking App or Internet Banking. Our business current account gives you access to secure electronic transfers, pre-paid purchases and payments, and allows you to boost your business’s cashflow with tailored business lending solutions.
Vehicle and Asset Financing
Need a delivery van? Flat-bed truck or capital equipment? We’ll get you a great deal on the right finance plan.