Medium Term loan
The Standard Bank Medium term loan is a loan granted for a fixed period, normally three to seven years and has a predetermined repayment pattern which is matched to customer’s business cash flows. This is loan gives you a set repayment time frame and predictable payment making it easy for you to manage your cashflow. You can use these loans to buy inventory and supplies, open a new office or franchise, or hire more talent
Some of the benefits
Fixed rate
Set interest rate on a loan helps a business owner to know exactly what that loan is costing them over time
Improved credit score
Receiving and successfully paying off a medium-term loan can improve an your score and help you build business credit
Quick and easy
Simple and streamlined application process
Liberty
It allows operational cash flow to be used however you like
What you get
- Granted for a fixed period - normally three to seven years.
- Repayments are tailored to match customer’s business cash flows
Evaluation principles
Repayment ability based on past profitability and/or cash flow projections. Subject to first class collateral (tangible, easy realizable security) on which the bank can fall back on as an alternative source of repayment.
- The period of the loan is 24 - 84 months
What it costs
View our Pricing Guide
How to get it
Visit your nearest Standard Bank branch with the following documentation:
- Cash-flow projections
- Financial statements
- Bank statements (new customers)
- Personal statements (Members/Directors)
- Business Plan.
Business trading period for new/existing customers should be greater than 12 months.
Note: Terms and conditions apply.
-
What you get
-
Evaluation principles
-
What it costs
-
How to get it
- Granted for a fixed period - normally three to seven years.
- Repayments are tailored to match customer’s business cash flows
Repayment ability based on past profitability and/or cash flow projections. Subject to first class collateral (tangible, easy realizable security) on which the bank can fall back on as an alternative source of repayment.
- The period of the loan is 24 - 84 months
View our Pricing Guide
Visit your nearest Standard Bank branch with the following documentation:
- Cash-flow projections
- Financial statements
- Bank statements (new customers)
- Personal statements (Members/Directors)
- Business Plan.
Business trading period for new/existing customers should be greater than 12 months.
Note: Terms and conditions apply.