This is a credit facility for growing businesses. SMEs can use this facility for working capital or purchase of fixed assets. An SME Loan can help an SME grow into large scale businesses.
- Small and Medium Enterprises
- 6 months business experience.
- 6 months active account.
- Marketable collateral.
- K200,000 – K15,000,000,
- Up to 100% collateral cover.
- Working capital and or purchase of fixed assets.
- Base Rate + Risk-Based margin
- 6 to 36 months
- Can get parallel loan after good repayment history.