An overdraft is a fluctuating loan facility that is tailored to meet your short-term financial needs for working capital purposes. It is linked to your business current account and you can use as much as you need, up to the limit.
Individuals who’ve had a Standard Bank Business current account for 12 months or more.
Visit your nearest Standard Bank branch with the following documentation:
Interest rate is prime linked and an arrangement fee of 1% of the total value of the facility is charged.