Small Business Loan

The Small Business Loan, is a short to medium term credit facility aimed at  financing business growth in the Small and Medium business segments.


Loan amount.

  • Minimum Loan Amount: 1m
  • Maximum:                           Below 100M.

Repayment period

  • 2 years depending on collateral offered.

Repayment mode

  • Bi-monthly, monthly& quarterly depending on a client’s business cash flow cycle.


  • Application Form
  • Business Trading license.
  • Bank Statement for at least 6 months.
  • Cash flow projections for at least 12 months – to be prepared by the Bank’s Relationship Managers after looking at basic source documents, interviewing the customer and visiting the client’s business premises.
  • Copy of Valuation report prepared by a bank-approved valuer(s) where applicable.
  • Client to sign affidavit in addition to land sales agreement.
  • Spousal consent for all security where applicable

Acceptable securities

  • Title deeds.
  • Equitable mortgage.
  • Discounted FDs/TBs.
  • Motor Vehicles.
  • Plant and Machinery.
  • Kibanja agreements.
  • Movable Chattels.
  • Lockup titles (sub-leases and certificates issued by the Municipal).
  • Stock of goods where applicable.
  • Guarantors will be required where necessary.
  • Credit life insurance for customers with movable collateral(where applicable).

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