This ‘pay-as-you-earn’ loan for SMEs is an exciting global first

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This ‘pay-as-you-earn’ loan for SMEs is an exciting global first
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SPONSORED | Standard Bank's BizFlex is an innovative short-term loan that links repayment terms to daily business revenue

Standard Bank’s BizFlex is an innovative short-term loan that links repayment terms to daily business revenueWhen it comes to running a business in today’s disruptive and unpredictable environment, it’s never been more important for entrepreneurs to read the signs and respond accordingly, by adapting their strategies with out-of-the-box thinking and lightning-fast execution.

Unlike traditional lending products, the BizFlex loan offers two distinct benefits to assist businesses in managing their cash flow and growth: “We’re proud to have assisted SMEs with more than 10,000 loans to date, with loan disbursements exceeding R2bn,” says Darren Segal, business and commercial group executive at Standard Bank.

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