Special Loans

Business Loans

Our secured business loan is suitable for SME customers cutting across all industries. The secured loan can be used as per the need of the business.Suitable forbusiness owners who are looking to open doors of opportunity for business. We offer attractive interest rates on loans to help you advance. That’s not all, we will also host a financial forum where you will get insights and grow your network.

Features

  • No maximum amount
  • Repayment period from as low as 1 month to 72 months
  • Interest rate on a reducing balance 
  • The debt service ratio is 50%
  • Available to new and existing businesses

BENEFITS

  • Reducing Balance Interest rate with Competitive rates
  • No hidden Charges
  • Fast Processing 
  • Flexible repayment
  • Clear Terms and Conditions

Requirements

  • You need to be a Sacco member (Open an account if not yet a member).
  • A duly completed loans application form
  • Original ID Card as well as a copy
  • Proof of registration of the business
  • Borrowing powers where applicable
  • Operate the account atleast 3 months  or provide proof of cashflows 
  • Attach required documents and provide security as required

Loans Available

  • Biashara Loan
  • Mama Mboga loan
  • Boda boda Loan
  • Asset financing