Within its SME Division, Standard Bank caters to SMEs with a turnover of N$0-N$10 Million. For this target group, Standard Bank offers the following products:

  • – Business Current Account with Overdraft:An overdraft is a short-term loan arrangement, where your account limit gets extended up to an agreed amount. It’s the most common type of business loan. Standard Bank offers overdrafts and business loans up to N$250 000 unsecured.
  • – Business Revolving Credit Plan: this is a classical business loan to finance operations. Your annual turnover of your business will determine the maximum amount granted under this loan type.
  • – Property Finance or Business Mortgage Loans: to purchase commercial or industrial premises, or residential properties used for business purposes. These loans work more of less like a private mortgage loan. It helps you to purchase, for example:
    • – Shops and offices
    • – Warehouses, showrooms, factories or similar industrial premises
    • – Sectional title complexes including individual units in these complexes
    • – Existing residential properties which are primarily used for business purposes
  • – Vehicle and Asset Finance:this loan product aims to finance vehicles, machinery and other equipment. The asset that is bought (i.e. car, machine, etc.) also serves as the security (or collateral) for the loan. Credit life insurance is a requirement.
  • – COVID-19 Relief Loans
    • – CREDIT GUARANTEEE Scheme Loan with Development Bank and NASRIA partnership.
    • – COVID-19 Loan Scheme: For SME businesses who wish to cover their Working Capital needs for 3-month period to ensure employment sustainability for their staff. They have been in good standing with the bank prior to March 2021. This loan is given over a term of 5 years, interest rate is at prime, and the business only starts paying from month 7 of the loan term.
  • – Debt (Loans)
  • – Mentoring/Training (BDS)
  • – Equipment/Infrastructure
  • – Growth/Expansion
  • – Restructuring/Merger


  • – Business must be registered with BIPA
  • – Business must have a tax registration certificate
  • – Business must have a legal entity

Application procedure


The following documents must be submitted for a loan application:

  • – Business plan
  • – Business profile
  • – Cash flow projections
  • – Business’ Annual financial statements
  • – Personal banking balance statements
  • – Proof of solvency
  • – Business owners’ identity documents. Should the owners be foreigners, valid passports and visa to accompany the application. Please contact your nearest Standard Bank branch for the exact list of documents needed for a loan application. The requirements may vary from loan product to loan product.


Below are the contact details of our team of Business Bankers for more information and submission process. Business Care Line: +264 61 294 2371/2096/2562

Toll free number: 92510

Email address: