Business Revolving Credit Plan

Fixed loan repayments that provide certainty when planning your cash flow.

The Business Revolving Credit Plan offers you a revolving line of credit for working capital or bridging finance. You pay a minimum monthly repayment and your credit limit is automatically restored once you have repaid 25% of the loan amount. You can withdraw funds within your agreed limit without having to reapply for a business revolving loan.

A Business Revolving Credit Plan may suit your business if:

  • You hold a Standard Bank Business Current Account
  • You need access to funds for working capital or bridging finance
  • You need quick access to a line of credit with a fixed monthly repayment
  • You don’t want to reapply each time you require a revolving credit facility

Features and benefits

  • Repayments remain fixed over the lifetime of the business revolving loan by way of prearranged equal monthly instalments servicing both capital and interest
  • The loan is linked to your Business Current Account, so funds can be transferred electronically
  • Access your originally approved limit on a rolling basis without having to reapply


FAQs

Do I need a business account to apply for the Business Revolving Credit Plan?
 
You can apply for a Business Revolving Credit Plan if you have a Standard Bank Business Current Account.

When is my line of credit repayable?

The revolving credit facility has a minimum monthly repayment.

How does revolving credit work?

  • With a Business Revolving Credit Plan you receive a revolving line of credit
  • Your repayments remain fixed over the lifetime of the business revolving loan and you pay a minimum monthly repayment
  • Your credit limit is automatically restored once you have repaid 25% of the loan amount

How to apply

  • Already have a Business Current Account? Contact your account executive.
  • Complete the form below and a consultant will call you back.