Financing Options and Providers
Total results: 211
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.
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Invoices are to be discounted up to 80% of the invoice value.
Be ready to undergo pre- and post-lending business capacity
Been operational for a minimum period of 12 months.
Be ready to undergo credit reference checks.
Provide 12 months’ latest management accounts with current aged debtors and creditors list.
Cash flow projections for the next 12 months.
Certificate of incorporation
12 months bank(s) statements
12 months transactional statements from Telco’s
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For facilitation of Local/ International trade of crop produce and services, and financing against trade documents.
Businesses in Coffee looking to facilitate Local/ International trade of crop produce and services and financing against trade documents.
KRA Certificate
Business registration certificate
Bank statements for the past 12 months
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A loan product designed for contractors and vendors of reputable organizations
to enable them to execute work and local purchase orders from their respective employers
- Qualified and more than one year experience
- Has capacity to deliver the contract
- Past track record of the supplier or vendor.
- The LPO should not be more than 30 days from the date of issue.
KYC DOCUMENTS
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To provides immediate funding to businesses needing capital to fulfil purchase or service orders from reputable organizations, enabling them to meet large orders or contracts without straining cash flow.
- Customer/Business must demonstrate technical capacity to perform the order or contract
- Must have banked with the Bank for a period of 6 months
A security should be provided and all facilities must be adequately secured.
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Enables suppliers to fulfill their orders without provision of security
Must be in the same line of business as that contracted to supply
The supplier must have been in business for a period not less than a year
Must have an identifiable place of business
Letter from the supplier requesting for a facility to perform a specified contract
Copy of contract or local purchase order from the buyer
Assignment of payments to the Bank by the buyer
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post-harvest loans will help farmers cover the costs of storing, processing, and transporting their produced crops, allowing them to avoid selling their produce at a low price right after harvesting due to a lack of storage or processing capacity.
- The product will be offered to farmers who have supplied/delivered produce to Off-takers/SACCOs/Umbrella bodies/Processors with whom the bank has an MoU/Agreement and assignment of proceeds to DTB.
- The farmer should provide us with a valid delivery notes and invoice showing the quantity supplied, the expected date of payment and amount to be paid to the farmer.
- Both Off-taker and farmer to be DTB customers
Bank Statements
KYC
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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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