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Business Term loan assisting business
Grow your business 3 Sep 2024

How a business term loan assists your business

Get the capital you need to support your business

As a business owner, you know that growth and success often require financial investment. In other words, to grow your business, you need to spend money. What happens if you don’t have cash available to invest in what you need when you need to?

Whether you are eyeing expansion opportunities, need to upgrade your equipment or require financial assistance to weather a difficult period, the need for extra funds can hit at any time.

What can be done when facing a cash-flow bottleneck and having limited resources available? One solution is taking out a business loan: a Standard Bank Business Term Loan could be the specific solution you’re looking for.

Standard Bank Business Term Loan

Our business term loan solution will give your business a lump sum when needed, which can be repaid over a fixed period with interest.

This type of loan can be beneficial when you need to finance specific business investments or expenses such as purchasing equipment, expanding operations, or improving your cash flow. It can also help you achieve your business goals at a consistent rate.

The benefits of our business term loan include the following:

  • Quick access to funding: Access funds to cater urgently for your business, paid directly into your business transactional account.
  • Fixed monthly repayments: Pay back over 36 months to a maximum of 120 months, making it easier to budget and plan for the future.
  • Quick online application: Easily apply online with minimal information required and receive a swift response.
  • Dedicated relationship banker: We provide a support team to cater to your business needs, such as understanding business goals and preferences.

Did you know?

Any business owner can apply for our Business Term loan; regardless of which bank they bank with, it’s an easy application.

Whether you apply online or with your relationship manager, you can obtain an outcome within minutes and receive a payout within 24 hours.

How you can apply

Any business owner can apply for our Business Term loan; regardless of which bank they bank with, it’s an easy application.

Whether you apply online or with your relationship manager, you can obtain an outcome within minutes and receive a payout within 24 hours.

How you can apply

  • New to Standard Bank: If you are new to Standard Bank or have only been banking with us for less than six months, you can click apply now and follow the loan application prompts.
  • Existing Standard Bank clients with an account older than six months can contact their relationship banker to proceed with the loan application. Alternatively, they can sign in to Internet Banking here to apply for a Business Revolving Loan or a Business Overdraft.

Remember, a Business Term loan isn't just about accessing funds; it's about empowering your business to achieve its full potential.

For more information and how to apply today, click here:

Terms and conditions apply.