Financing Solutions
Short-term Business Financing
Overview
Wise aims to address the short-term financing needs of its clients through products designed for managing accounts receivables, building up inventory and covering working capital requirements.
Eligible businesses include
- Small & Medium-sized Enterprises (SMEs)
- Large Corporates
- Professionals
- Sole Traders
- Partnerships
- High Net-Worth Individuals
What we offer
- Overdraft facilities
- Short-term business loans of up to 2 years
- Credit lines for trade finance and guarantee facilities
Pricing
The interest rate on short-term business credit facilities is calculated based on prevailing market conditions and a variety of factors reflecting the risk undertaken, the security offered and the duration of the facility.
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 short-term business credit facility request, 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 using 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
