Fast Access To Working Capital
SME stores or shops can use their self-owned properties as collateral to borrow working capital. The application review process can be completed in as quickly as 5 business days.
Note: Business hours are from 9:00 a.m. to 3:30 p.m. Applications submitted after business hours will be processed as applications delivered on the next day. Completion of the application review does not include any notary and disbursement processes required.
For applicants with insufficient collateral, the Small & Medium Enterprise Credit Guarantee Fund sponsored by local government can be introduced as alternative collateral. In some scenarios, loans can be up to 85% of the collateral appraisal value.
Note: Applications qualified under the terms of The Central Bank of the Republic of China's Regulation on Financial Institutions' Businesses of Loan against Land and Specific Area Housing Loan will be processed in accordance with the loan limits outlined by the regulation.
Balance Transfers Are Welcome
We welcome balance transfers or top-ups from corporate customers who currently hold property loans with other financial institutions in order to free up working capital and build their business.
Note: Product details shall be in line with the bank's latest regulations. Standard Chartered reserves the right to determine the final loan amount, interest rate applied and loan approval.
Interest Savings With Competitive Interest Rates
Various benefits are available depending on the loan product you choose, e.g lower interest rates for the first 12 instalments, interest rates for the 13th instalment and beyond will follow the bank's flexible increases over the time deposit interest rate index (note 4).