Business revolving credit
A revolving line of credit is an unsecured loan that offers you continual revolving credit with immediate access to funds. Business revolving credit is an ongoing business loan where repayments are calculated for up to five years in equal monthly instalments
Some of the benefits
Control
Manage what how much what to draw, depending on how much you need at a time
Flexible terms
You can draw down or withdraw, repay and then withdraw again
No Collateral
You do not need to leverage any of your assets as collateral
Quick access
Funds are immediately accessible to use whenever you need them
What you get
- Your business can redraw on the loan up to the original loan amount
- The loan can be used to finance working capital and short-term expenditure where you prefer a set monthly repayment
- The loan can be used to purchase intermediate assets (assets with a medium lifespan) that do not fall within normal asset finance, for example, small equipment
- We offer competitive interest rates
- Loan term is between 36 and 60 months.
What it costs
Stanbic Prime rate + margin
Refer to Pricing guide
How to get it
Email [email protected] or visit your nearest Stanbic Bank branch with the following documentation
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What you get
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What it costs
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How to get it
- Your business can redraw on the loan up to the original loan amount
- The loan can be used to finance working capital and short-term expenditure where you prefer a set monthly repayment
- The loan can be used to purchase intermediate assets (assets with a medium lifespan) that do not fall within normal asset finance, for example, small equipment
- We offer competitive interest rates
- Loan term is between 36 and 60 months.
Stanbic Prime rate + margin
Refer to Pricing guide
Email [email protected] or visit your nearest Stanbic Bank branch with the following documentation