home
SME Banking Business Expansion Loan Against Property
Loan Against Property
Your Easy Access to Working Capital for Business
How can your property help you explore business? Standard Chartered Bank (Taiwan) Limited specifically drafted a property-activation financing program to provide medium/long term financing services to small and medium enterprises. For application review process, it can be completed in as fast as 5 days for some cases. This program offers long term financing solutions to small and medium enterprise.
Product Features
- Speedy Access to Operation Capital
Small and medium enterprises, stores or shops can provide self-own properties as collateral for operation capital. Application review process can be completed in as fast as 5 business days (note) for some cases.Note: Business hours start from 9:00 a.m. to 3:30 p.m. Applications delivered beyond business hours will be treated as applications delivered on the next day. Completion of application review process does not include processes for notary and disbursement. - Highest Percentage Approved - 100%
For applications with insufficient collateral, collateral for financing can also be provided via guarantee mechanism of the Small & Medium Enterprise Credit Guarantee Fund and the highest percentage of loan approved can be 100% of collateral appraisal value.Note: For applications qualified for the terms stipulated in the "The Central Bank of the Republic of China's Regulation on Financial Institutions' Businesses of Loan against Land and Specific Area Housing Loan", processing of these applications shall be in accordance with loan limits of the regulation. - Balance Transfer Is Welcome
We welcome balance transfer or top-up from corporate customers currently engaged in property loans with other financial institutions in order to increase operation capital and help their business reach the top.Note: Product details shall be in line with the Bank's latest regulations and the Bank reserves the right over the determination on loan amount, interest rate applied and loan approval. - Interest Savings with Super Low Interest Rates
Different preferential treatments will be offered depending on the loan product you choose. The best offer could enjoy super low interest rates for the first 12 installments. Interest rates for the 13th installment and beyond will follow the Bank's flexible increases over time deposit interest rate index (note 4).
Terms & Conditions
- Business hours start from 9:00 a.m. to 3:30 p.m. Applications delivered beyond business hours will be treated as applications delivered on the next day.
- Interest rate for this product depends on Bank's index rate ("i"). Therefore actual interest rate for the loan will vary with "i" accordingly.
- This program is limited to applicants of: domestic companies with operations of 3 consecutive years, or, responsible person, responsible person's spouse, shareholder, director or supervisor of the aforementioned companies.
- Time limit for early redemption on this program is 3 years. In the event of principal repayment prior to the early redemption time limit, penalties of the followings will be charged by the Bank: (1). early redemption within the first year after disbursement: penalty will be 1% of early redemption amount; (2). early redemption within two year after disbursement: penalty will be 0.5% of early redemption amount; (3). early redemption within three year after disbursement: penalty will be 0.25% of early redemption amount.
- The Bank's index rate will be adjusted every February 20th, May 20th, August 20th and November 20th respectively. For related information, please refer to explanations on the Bank's website.
- Standard Chartered Bank (Taiwan) Limited has the final discretion on approval over percentage of loan applied, interest rate applied, loan tenure and loan application. Details of loan agreement shall follow Loan Against Property application document and agreement of the Small & Medium Enterprise, Standard Chartered Bank (Taiwan) Limited.
- Standard Chartered Bank (Taiwan) Limited reserves the right to terminate or modify this program as well as contents and agreement of the product at any time.
- Service Hotline
For fixed-line telephone, please call: 4051-0088
For mobile phone, please call: (02)4051-0088