Maximize your growth with Business & Trade Working Capital

Working capital facilities are subject to annual renewal hence 12 months tenure. Short term loan tenure will be 6 months with rollover capability.

We accept both residential and commercial property as security. No plot, self-construction, under-construction properties or Industrial properties are allowed.

Our Business Working Capital facility requires you to maintain an operating account with us.
Your account with us must have business inflows of at least 50% of the facility limit every quarter to qualify as an operating account. We know it takes time to move your business to a new bank, so we will only start measuring your business inflows 6 months from the month the facility is made available to you. Thereafter, the inflows in your account are measured once every calendar quarter.

A shortfall fee of 1% per annum of the facility limit will be charged if the business inflows of at least 50% of the facility limit every quarter is not met.

We offer attractive interest rates on the facility depending on loan amount, credit assessment and other internal parameters. Further details will be provided by our BWC Relationship Manager.

Security in any of the following forms is acceptable:

• Bank statements for the last six months.
• Two year financials including profit & loss statement, balance sheet and income tax returns.
• Documents related to establishment of entity, identity and address proof documents. Specific details will be provided by the sales officer.

Standard Chartered will take decision on the application within 45 working days for Business Working Capital clients and within 60 working days for Medium Enterprises clients. Status and decision will be suitably communicated to the customer. Timeline for credit decisioning shall start only post submission of all the documents by the customer as per the checklist provided with the application form for the loan and/or as hosted on the website. It may be noted that any additional document, as may be required by the bank, for conducting appraisal will be adequately communicated by the Relationship Manager.