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
This is a short to medium term loan granted to customers to finance Expansion and the growth of their business i.e. working capital and business expansion
- KYC documents i.e. directors ID and PIN, Company PIN, MEMART and certificate of registration
- Business records
- Copy of security
- 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 months bank statement with Maximum EMI(Equated Monthly instalment) of 30% of MACAT(monthly Average Credit Account Turnovers)
- Provide documentary evidence of at least three year experience in the line of business
- For limited companies Specific debenture over the asset being purchased
12
- Have a business not less than a year old
- Business should have regular cash flow
- Business license of the current year where applicable
- Open an account with Co-operative Bank
- Statements of accounts from other banks if your Co-op Bank account is less than 6 months old
24
It is issued to guarantee that the bidder will undertake the contract under the terms at which they bid in the event they win the tender
- Must have undertaken a similar contract.
- The Tender must be in line with the Customer's business
- Guarantee application Form
- Pin, ID copies for the applicant ( Where client is not banked )
- Certificate of Incorporation (Where client is not banked )
- Contract/Tender documents
- Format of Guarantee (where applicable).
12
PBP’s business boost - a lifeline that empowers makers to bring their creations to life and meet retailer demand at ease.
The business must be based in Kenya
Must have a national ID (front and back images)
12
To facilitate acquisition of office space 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
To provide small and micro business owners with working capital.
.Clean CRB report.
.Borrower must Bank at Rafiki for at least 6 months if previously unbanked or 3 months if banking in another institution.
. Borrower to have previous borrowing history if banking in another institution.
. Dully filled application form.
.National ID and PIN of borrower or all Directors if it’s a company borrowing. (Originals and copies).
. Certified 6 months bank statements.
.Certificate of registration for business/Certificate of incorporation for companies.(original and copy)
.Memorandum and articles of association. (original and copy)
. CRB report
.Audited financial statements or management accounts for Companies
. Borrower’s business records.
. Sketch map of the residence and business premises of the borrower
. Utility bills
12
A term loan is a flexible financing option offered by HFC that can be tailored to your specific business needs for a period less than 60 months (5 years). It can be a short term loan or a long term loan.
Must have been in business operations for at least 3 years
- Application form duly completed
- Board of Directors resolution to open accounts
- Certificate of incorporation/Registration
- Company PIN & VAT
- ID & PIN copies of all directors
- Copy of Annual Returns/CR 12
- Utility Bill
- Proposal for borrowing indicating amount being borrowed, Purpose, type of facility required, proposed repayment period and any other relevant information
- Audited accounts for the last three years
- Current management accounts
- Cash flow projections for the next five years
60
Facility to facilitate construction of residential or commercial properties
Duly registered business
+ 6 months in operations
Hold an active account with GAB
Business registration certificate
Certified/original bank statements for the last 2 years
Copy of ID/Passport
Certificate of the official title search
Copy of title of the property
120
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
6
- Active Equity Bank account holder.
- Demonstrate loan repayment ability.
- One-year experience in commercial farming or one successful production cycle.
- Demonstrate the existence of other sources of income that could be used in repayment of the loan in case of crop failure, loss of harvest and/or poor marketing due to adverse weather and/or any other factors.
- Provide documentary evidence of farm ownership to be used for production or a valid lease agreement covering at least two future production cycles.
- The farming project to be financed must be within a radius of 50km from the Bank branch and easily accessible to the Bank officials.
- Provide conventional security to cover the loan.
- Equity Bank account statement.
- Farm ownership title or a valid lease agreement covering at least two future production cycles.
- Conventional security documents e.g. Title, log books etc.
60
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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