Access money you’ve invoiced in advance while keeping your facility confidential. Secure payment for goods being manufactured or imported, and start your main finance plan on collection.
Standard Bank Group Limited provides banking and financial products and services in Africa and internationally. In addition, it offers wealth management products and services; and online, mobile, and telephone banking services. It serves small- and medium-sized businesses, large commercial enterprises, larger companies, governments, parastatals, and institutional clients.
It explains that BizFlex was built using intelligence gathered from face-to-face client interviews, an extensive online banking survey and direct business banker feedback. South Africa’s Standard Bank Group was the largest bank in Africa as of 2021, with total assets worth nearly $173 billion , according to Statista. Any Small and Medium sector enterprise (Proprietorship/ Partnership/ Private Limited company) having the experience of successfully completion of different projects for at least 2 years may apply for the loan. Please contact your nearest Standard Bank branch for the exact list of documents needed for a loan application. Now, if you play with the calculator you can get your quote higher or lower to find out the approximated cost before asking for your business loan.
- The group has a wide representation which spans 17 African countries and 16 countries outside of Africa with an emerging market focus.
- Give your growing business access to working capital ahead of customer payments.
- Perhaps, one of Standard Bank’s principal features is the myriad of loans they offer for businesses.
- Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries.
- This acquisition will enable TymeBank to expand its offering to entrepreneurs to include working capital finance.
For this reason, the Government decided to launch a Loan Guarantee Scheme to help these companies remain operational throughout these difficult times. The whole idea of this program is to help them pay all the obligations involved in their businesses. A loan from Standard Bank can open the door to future growth, by providing the funding you need now. Investing in the stock market can grow your wealth, and trading on the stock exchange has become simpler.
To qualify for this loan, your business must also have a business current account for the everyday business transactions. These African business leaders, empire builders, moguls and high-flying chief executives of multinational corporations wield the most widespread influence in Africa’s business and economic circles. These are the corporate titans and leaders who set the African economic agenda. Their voices are never ignored within Africa’s business and political circles, and through their resolutions and actions, they shape the economic future of the continent. Meet the 20 most powerful people in African business for the year 2012. Last week, JSE-listed telecommunications group Telkom Business launched its Telkom Lend product to enable small businesses to apply online for funding of up to R5 million and get an answer within 24 hours.
African Development Bank offers SA a financing deal to raise $41bn
Whether you are thinking about international trade, outsourcing production, or expanding to other countries, you will have the support of one of the largest trade-finance banks globally. As you expand your horizons, you need solutions that keep pace with your growth. Whether it’s working capital, trade finance, or financing for a new office space or business equipment, we help unlock the potential of your business with a variety of loan options and credit facilities. The continent’s biggest lender by assets will look to capitalize on its scale and geographical footprint to drive growth in the division, Chief Executive Officer Sim Tshabalala said during an investor briefing Friday.