Financing Solutions
Startups
Overview
Wise offers a variety of financing solutions to startup companies. The applicant’s contribution towards funding the startup must be at least 30% of the project financed by the Bank.
What we offer
- Flexible terms according to the repayment capability of the startup business
- Repayments can be monthly, seasonal or accelerating
- Grace period of up to 24 months for the repayment of capital
Pricing
The interest rate for startup financing is set by the Bank based on the risks related to the project/startup company, the applicant’s contribution, the duration of the facility and the security provided.
Requirements
How to apply
Applicants are required to complete and submit the following:
- The Credit Facility Application Form
- The Personal Financial Statement (PFS). Where applicable, the PFS must also be completed by all guarantors/security providers
- The supporting information/documentation as stated on the relevant document
- The relevant checklist for Legal Entities, Self-employed and Freelancers or Natural Persons
For the evaluation of a credit facility request for funding your startup, all above documents must be submitted to the Bank.
Existing clients
- Existing clients may contact their personal Client Relationship Officer (CRO) and communicate their request through email, mail or fax
New clients
- New clients have the option of contacting one of our experienced CROs to guide them through the process or by directly submitting their initial request through email, mail or fax
DISCOVER OUR
SERVICES FEATURES
SAVINGS
Term Deposits | Notice Accounts | Special Products
ACCOUNTS
Current Accounts | Interest Bearing Accounts
FINANCING SOLUTIONS
Loans | Overdrafts | Trade Finance
TRANSFERS AND PAYMENTS
Local Transfers | International Transfers
TREASURY SERVICES
FX | Market Risk Solutions
WEALTH MANAGEMENT
Custody | Consultancy Services