Standard Bank Khula Guaranteed Loans

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If you have a business and it does not have assets to put up as collateral for a bank loan then you dont have to worry because Standard Bank and the government’s small business finance agency, Khula, offers them a credit guarantee scheme.

This scheme is an indemnity to Standard Bank just in case should the Business fail to pay the Khula Loan, 50% to 90% of the bank loan can be indemnified under the Khula scheme. The maximum amount that can be approved under the scheme is R3 million.

How to qualify for Khula-supported loan?

To qualify for a Khula Guaranteed Loan you will need to contribute to your business and this may be as much as 10% of the amount you want to borrow. This contribution can be either cash or equipment that will be used in your intended business.

Standard Bank Khula Guaranteed Loans
Standard Bank Khula Guaranteed Loans

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