Financing Options and Providers
Total results: 191
12
- Bank statements to establish cash flows (3 months for customers and 6 months for non-customers)
- Stated experience in farm enterprise
- Business plan including financial plan –specifying fund utilisation
- Bank statements
- Business plan
- Women-led or owned businesses
- If not an existing client of EcoBank then full Due diligence with busines plans, references, etc
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- Secured loans
- Unsecured loans
- The business must be in existence for at least 12 months.
- The minimum facility amount is KES100,000.
- The debt-service ratio is 50%.
- Certificate of registration
- National identification card (for Kenyan citizens) / Passport (Non Kenyans) 1 passport size photo
- KRA PIN
- Signed Absa account opening pack ( sealed )
- Residential address confirmation ( name estate, road and house number) for all directors and signatories (use the attached format)
- Company physical address confirmation
- Personal return
- Revenue stamp – KES100
12
- Secured loans
- Unsecured loans
- The business must be in existence for at least 12 months.
- The minimum facility amount is KES100,000.
- The debt-service ratio is 50%.
- Certificate of incorporation or certificate of compliance if not locally incorporated
- Memorandum and articles of association
- Company PIN certificate
- National identification card (for Kenyan citizens)/Passport (for foreigners) for all directors (plus ultimate beneficiary owners if company is owned by other companies) and signatories/known agents
- 1 passport-size photo each for all the signatories and directors/known agents
- Board resolution specifying the signing powers on the company letter head sealed with the company seal
- Signed Absa account opening pack (sealed )
- Residential address confirmation (name estate, road and house number) for all directors and signatories (use the attached format)
- Company physical address confirmation (can be found in the new PIN certificates)
- Annual returns (for companies registered over one year ago)
- Revenue stamp – KES100"
36
Unsecured business loans are given to customers in performing businesses without tangible security.
This type of business loans is also given to landlords without title deeds.
Customer must have been in business for at least 2 years and banking with HFC for at least 3 Months
- KYC documents e.g. ID ,KRA Pin, passport photo
- Business records
- Registration certificate
- Business licence
- 3 months bank statements if you are not banking with us
12
Get financing or working capital for your business
- Applicant must have an active bank account with SBM for at least 1 year
- Business needs to have been operational for the past 3 years at least
- Business must demonstrate stable cash flows
- Monthly turnover for the business should not have declined by more than 25% in the preceding 90 days
- Businesses in trading sectors should not have NIL banking in any given month over the preceding 12months
- Applicant should have credit life insurance
Applicant must have an active bank account with SBM for at least 1 year - Standard KYC documentation
We enable you to raise additional working capital using stock or inventory
Duly registered company
+6 months in operations
Active Gulf African Bank account holder
12 months certified bank statements
Business license/ permits for two years
Premises with lease running for the tenure of the facility
Copy of personal PIN Certificate
Company PIN
Certificate of Incorporation
Latest tax returns and filing receipts
24
- Financially and commercially sustainable
- Size of the enterprise: minimum annual exports of USD 800,000 or the equivalent in Euros
- Minimum annual turnover of USD 1,000,000 or the equivalent in Euros
- Three years of track record in export
- Sustainability certification (such as organic, fair trade, Utz, and Rainforest) or a conversion plan in place.
60
Pre-shipment and post shipment financing
- Channel farm sales proceeds directly to Transnational Bank or check off arrangements must be in place.
- A minimum own contribution of 30% of asset value
- Certificate of incorporation or certificate of compliance if not locally incorporated
- Memorandum and articles of association
- Company PIN certificate
- National identification card (for Kenyan citizens)/Passport (for foreigners) for all directors (plus ultimate beneficiary owners if company is owned by other companies) and signatories/known agents
- 1 passport-size photo each for all the signatories and directors/known agents
- Board resolution specifying the signing powers on the company letter head sealed with the company seal
- Residential address confirmation (name estate, road and house number) for all directors and signatories (use the attached format)
- Company physical address confirmation (can be found in the new PIN certificates)
- Annual returns (for companies registered over one year ago)
- Revenue stamp – KES100
12
Leverage on our international network and expertise in structuring the right local and international trade solutions at competitive prices. These include Letters of credit, Import Loans, Post Import financing, Invoice discounting, all types of Guarantees and Bonds.
+Maintain an operating account with Standard Chartered
+ Business to be in existence for at least 3 years
+ other considerations on business performance to be reviewed as part of the underwriting.
+Executed Board Resolution
+Copy of National Identity card/ Passport for Director(s)
+Copy of KRA PIN certificate
+Copies of current contracts (as they case may be)
+Detailed company profile
+Business permit
+Copy of business license
+ Additional documents may be requested based on required information
12
- Finances the missing middle - organisations that are not eligible for financing by microfinancing organisations or commercial banks.
- The focus lies on the financing of farmer producers cooperatives
12
- Funding to legally registered SME, cooperatives or farmers’ organizations
To finance other capital expenditure at competitive rates.
+Maintain an operating account with Standard Chartered
+ Business to be in existence for at least 3 years
+ other considerations on business performance to be reviewed as part of the facility
+6 months bank statements
+Executed Board Resolution
+Copy of National Identity card/ Passport for Director(s)
+Copy of KRA PIN certificate
+Copies of current contracts (as they case may be)
+Detailed company profile
+Business permit
+Copy of business license
+ Additional documents may be requested based on required information
60
The loan is tailor made for MSME customer who are in trade business and in need of working capital cashflow.
Client must have operated a business account with UBA Bank for at least one month
Copies of ID and kra pin of the directors, company KYC, Bank statements for the last 12 months(certified), copies of contracts or LPOs and if client does not have prior banking experience, they will have to bank with us for at least 3 months in order for us to review their application.
1
Sharia'h compliant flexible, short-term borrowing facilities, linked to specific import or export transactions.
Duly registered business
Mantaining active account at Gulf African Bank
+ 6 months in operations
12 months certified bank statements
Board resolution
Copies of directors ID/PP and PIN
Directors joint and several guarantees
Board resolution
Letter of set-off
Cash margin mandate
To provide expertise in (Environmental, social and governance) ESG risk and impact financing opportunities.
+ Maintain an operating account with Standard Chartered
+ Business to be in existence for at least 3 years
+ other considerations on business performance to be reviewed as part of the facility
+ Business to be owned by a woman.
+Executed Board Resolution
+Copy of National Identity card/ Passport for Director(s)
+Copy of KRA PIN certificate
+Copies of current contracts (as they case may be)
+Detailed company profile
+Business permit
+Copy of business license
+ Additional documents may be requested based on required information
12
- For limits up to 2M –Chattels i.e. Motor vehicle discounted at 150%
- Cash and Land for exposures above 2M
12
- Past crop production records
- Projected cash flow
- Suitable security requirements
- Must have been in production for at least two crop cycles
- Past crop production records
12
- A detailed Business Plan or Feasibility Study
- Letter of offer to ICDC for an equity stake in the company/business
- Executed Board Resolution for the offer
- Certificate of Incorporation, Memorandum and Articles of Association
36
Loans against purchase or sales orders from a reputable buyer.
- Atleast 3 years transactions records
- Valid business registration and permit documents
- Banking relationship with KCB for a minimum of 6 months
- Valid LPO from the government, ministry or parastatal, a reputable company, listed NGOs or KCB’s
- List of Corporate companies
- Proforma invoice or quotation of items of purchase from the supplier
- Proposed collateral for borrowings above Kes 1,000,000
- Valuation report where applicable
- Audited accounts for amounts above Kes 5 Million
- List of completed past contracts
- Debtor/creditor payables and receivables
12
Financing facilities
The Financing Gateway provides you with a free listing of the many financing instruments available for MSMEs. It enables you to filter the instruments that match your needs and click through to the –financing provider’s Internet pages or Contact agent details to find out more and apply.
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