Working Capital

This loan facility is suitable for working capital and shorter financing requirements of your business, repayable in instalments of between six and twenty four months.

Features and benefits

  • Can be used for short term Working capital.
  • Structured financial planning based on cash-flow.
  • The minimum loan amount is M20,000 and maximum not to exceed two and a half months of turnover.
  • The account can be linked to electronic channels.
  • Not for consolidation of debt and/or settlement of creditors.

Requirements

  • Cash-flow projections.
  • Financial Statements.
  • Bank Statements (new customer).
  • Personal Statements (Members/Directors).

How to apply

Enquire from a Business Banker or your Relationship Manager.

Customer care

Tel: (+266) 22212000

Email: lesothoservicecentre@stanbic.com