Financing Options and Providers
Total results: 191
The Annisaa Biashara financing is designed for the lady looking to finance her business.
Duly registered business
Mantaining active account at Gulf African Bank
+ 6 months in operations
Bank/Mpesa statement for the last 12 Months
48
Aquisition of machinery, pick ups and personal vehicles, used trucks and trailers, New trucks and trailers
Registered business
Operational for > 6 months
Account holder
Limited Companies - Memorandum & Articles of Association, Certificate of Incorporation, Latest annual returns and filing receipts.
Sole Proprietorship - Certificate of registration
60
To provide the best solutions to businesses to purchase movable assets such as commercial motor vehicles, personal vehicles and motor bikes for bodaboda.
· Character assessment (Not listed on CRB)
· Adequate cashflows
· Business Registration Certificate
· KRA PIN of the company
· KRA PIN of the individual
· Copy of your Identity card
60
Purchase of vehicle and machinery
Finance for working capital against logbook
Release of funds used in purchase of vehicles in the last 12 months
Business operation for 2 years
Business KYC
72
- Unsecured up to KES 50,000
- Easy collateral up to KES 300,000
- Standard collateral > KES 300,000
- Certificate of registration
- National identification card (for Kenyan citizens) / Passport (Non Kenyans) 1 passport size photo
- KRA PIN
- 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
36
- Detailed Analysis of the agricultural project including expected revenues and all the cost items e.g. seeds, animal purchases, herbicides, pesticides, harvesting and labour.
- A comparative analysis of the neighbourhood to establish the kind of farming carried out, expected harvest and suitability of the farming activity the customer is carrying out
- 12 months bank statement
- Documentary evidence of farm ownership or a valid lease agreement covering at least one future production cycles
- Documentary evidence of the last three year experience in the line of business
- Good credit history
- For limited companies Specific debenture over the asset being purchased
- KYC documents i.e. directors ID and PIN, Company PIN, MEMART and Certificate of registration
- Business records
- Copy of security
- Land ownership/lease agreements documents
- Dully completed loan application as per account mandate and appraisal form, resolution to borrow.
- Current Valuation Report from bank’s authorized valuers is required for used motor vehicles
- Complete security perfection after the approval.
- Detailed call report including photos and sketch maps
12
Alterfin extends funding to microfinance institutions and to associations of smallholder farmers or companies.
- Number of years of operation > 2
- Gross Loan Portfolio > USD 1,000,000
- Broad outreach: minimum 1000 clients or members
- Deep outreach: oriented towards poorer sections of society: rural, agricultural, women
- PAR 30 days + restructured + write-off < 10%
- Operational Self Sufficiency > 80% and positive trend
- Leverage < = 5
60
Extends financing to smallholder farmers' organizations.
- Number of years of operation > 2
- Benefits for smallholder farmers should be demonstrated (e.g. by fairtrade label)
- Minimum number of farmers benefiting: 150
- Minimum yearly sales > USD 500,000
- Operational Self Sufficiency > 90% and a positive trend
- Purchase orders
- Physical asset collateral
18
48
Bank of Africa will scale up your status and business by enabling you acquire new and used movable assets at the best negotiated rates. Our desire is to see you achieve your ambitions.
Variety made closer with BOA Asset Finance, assures our customers that we are there to walk the journey with them. We not only offer them a wide selection of options, but guarantee that we will bring their dreams closer by having a fast turn around time. And on top of it all Loan amount, Processing fee, life and comprehensive insurance to be financed as one loan
- Registration bsiness
- Business permit
- National Identity card
- KRA PIN Certificate
- Individual insurance form
- Registration certificate (if it is a sole proprietorship)
- 12 month’s account statement certified
- Copies of current contracts
- Proforma invoice/Sale agreement
- Logbook copy/import document
- Detailed company profile
- Business permit
60
- Kenyan Citizen
- Age 18+ years
36
Be ready to undergo pre- and post-lending business capacitation
Identity cards of directors and owners of registered businesses.
Audited accounts for at least 12 months.
Copy of logbook (for used vehicles).
Projected profit and loss accounts for 3 years
24
Whether the opportunities be in construction, transport, manufacturing, quarrying, printing, processing or material handling; we have you covered.
Must be an account holder having operated an account for more than 6 months.
- Certificate of incorporation
- Memorandum & Article of Association
- Resolution from the Board of Directors to open an account and identification of those who have authority to operate the account
- Copy of the KRA pin certificate of the company
- Business permit
- Certificate of trading for public ltd companies/where applicable
- ID or passport for directors & signatories
- Introduction from existing customer /RM/BM /certification by the marketing staff
- Download Non-Individual Account Opening form
- At least 10% co-investment
- 2 guarantors
- Collaterals
60
Financing to help businesses purchase of land, motor vehicles, Trucks, Buses, Pickups, Taxis.
- Minimum own contribution of up to 20% for new vehicles and 50% for land
- Individuals qualify based on ability to service the loan.
- Filled in U&I Loan application form
- Copy of national ID card
- U&I Bank statements
- Passport photo
- KRA pin copy
- Profoma Invoice from the seller
- Valuation report from a valuer
36
Capital Expenditure/ Operating Expense
- Customer needs to be in profitability
- Security acceptable by the Bank
- Customer need not to be listed on CRB list
- 3 Yrs Audited Financials
- Management Account for the Current Year
- 6 Months Bank Statement
- Business Registration Certificate, Certificate of Incorporation
- Company & Directors' KRA PIN
- Directors' ID Copies
- CR12
60
Under the Beba Leo scheme, SME clients can buy brand new vehicles as per below pre-approved brands with 100% financing from DTB.
- Registration form duly completed
- National identity card/passport – original and copy
- KRA Pin certificate
- 3 month’s payslip (if employed)
48
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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