Business Loans

Businesses require an adequate amount of capital to fund startup expenses or pay for expansions. As such, companies take out business loans to gain the financial assistance they need. A business loan is debt that the company is obligated to repay according to the loan’s terms and conditions.

  • Minimum loan amount is KES 30,000

  • Maximum loan amount is KES 100,000

The borrower must have clear and proven source of repayment – already existing income streams that are sufficient to meet expected repayment.

  • copy of ID and PIN for borrower and guarantor (2).

  • passport photo for borrower and co-borrowers

  • copy of business trading license for current year or at-least 6 months.

  • copy of registration certificate.

  • copy of latest purchasing receipts/invoices.

  • latest bank statements for the past 6 months.

  • incase of motor vehicle as a collateral, KRA tariff guide transfer legal fees to be met by borrower