Business advance

Experience a one-stop lending solution plus quick, easy, convenient and comprehensive loan processing, with Standard Chartered Business Advance

Standard Chartered Business Advance documents required

Sole proprietorship and partnership

  • Sole proprietorship
    • Registered business solely by an individual
    • Unlimited liability
    • Copy of Business registration form (Form A and Form D)
    • Trading license
    • Property as collateral e.g. shop-offices, offices and retail lots
  • Partnership
    • Registered business owned by 2 or more individuals
    • Partners have unlimited liability
    • Copy of Business registration form (Form A and Form D)
    • Property as collateral e.g. shop-offices, offices and retail lots

Private limited company (SDN BHD)

  • Private limited company (SDN BHD)
    • Minimum 2 directors, maximum 50 shareholders
    • Rules and regulations governed the company are embodied in memorandum and articles of association (M&A)
    • M&A must empower company and directors to borrow
    • Joint and several guarantee of directors/shareholders (JSG) to be taken as directors/shareholders’ liability is limited
    • Form 24 and Form 49
    • Memorandum and article of association
    • Property as collateral e.g. shop-offices, offices and retail lots