SME Loan

     1. Unsecured business Loans

For customers in performing businesses without tangible security.

For landlords without title deeds.

 

Features and Benefits

  • Loan amount Kes. 10000  to Kes. 1 M
  • Loan duration is 12 months
  • Competitive interest rate
  • Quick processing

 

Requirements:

  • KYC documents e.g. ID ,KRA Pin, passport photo
  • Business records
  • Registration certificate
  • Business licence
  • 6 months bank statements if you are not banking with us

 

      2. Secured Business loans

Features and Benefits

  • Maximum Kes. 50M under retail
  • Acceptable collateral includes title deeds, Log book, listed Stocks at NSE, Life insurance policies, cash
  • Working capital loans to run for max of 36 months

 

 

 Securities used are: 

  • Title deeds
  • Cash 
  • Shares from listed companies discounted 50% OMV

 

TIPS

A Business Tip Every SME Owner Should Know

The biggest problem founders and owners of small businesses have is that they are experts in

Always Budget When You Borrow Money

Before you borrow money, ensure you can make the monthly payments.

Failure to do so

Asset Finance TIPS

Starting a business is a tricky affair. Maintaining the business momentum and a competitive edge