Borrow For Your Needs
Standard Bank Namibia is able to help to cover any of your business’s financial needs. Whether you are expanding into new territories, acquiring assets, or simply need additional operating capital, our consultants are waiting for your call to offer you a suitable loan.
Some of the benefits
Borrow For Your Needs
A bank guarantee is a contract in which the bank guarantees payment of your obligations, even if your circumstances change and you are unable to cover the costs yourself. This enables you to bid for contracts that call for guarantees and to buy fixed property where a guarantee is usually a prerequisite.
An overdraft facility on your business’s current account is one of the most convenient ways to get operating capital. Once the approval process is completed, the overdraft facility is activated on your current account, providing immediate access to funds at your own discretion.
To help your business reach it’s short to medium-term goals. Only pay interest on the portion of credit used, and once 25% of the loan has been repaid, you can draw further funds without needing to complete an additional approval process.
Short term finance, tailored to help finance your business’s specific circumstances, such as immediate procurement or stock purchases.
Specifically designed for vehicle and asset traders. Our experienced relationship managers understand your business and its requirements and will create a plan geared toward your success. Our dealer floor plan financing helps you maximize your working capital by allowing you to efficiently manage your inventory position, interest expense, and unit turnover. More efficient day-to-day operations that help move inventory
Invoice discounting is a form of short-term borrowing used to improve your company's working capital and cash flow position. Invoice discounting allows a business to draw money against its sales invoices before the customer has actually paid and use the invoice as collateral.
Medium term loans support your business in achieving its long-term financial goals. Monthly instalments are matched to your business cash flow and terms are structured for a period of up to seven years (up to fifteen years for farm purchase).
Whether you are purchasing a single vehicle, or a fleet, Standard Bank Vehicle and Asset Finance will not finance the deal but help you negotiate with the dealers. Finance can be arranged with flexible repayment terms, and at competitive interest rates