Take your business to the next level
Seen an opportunity to develop your business further? Go for it with a Coop Bank Bizwise SME Loan today. You can borrow upto Ksh 50 million.

Bizwise SME Loan will help you expand your business by opening new branches, introducing new product lines, purchasing business assets or financing operating expenses, purchasing assets like land, buildings, motor vehicles and machinery.

In order to enjoy the loan products under SME Banking, you need to have operated a bank account for at least 6 months.

What do we require from you for the SME Bizwise Loan?

• You need to have operated a Business Current Account for at least 6 months
• Provide us with statements of accounts held in other banks, where applicable
• Security for the loan (where required)
• Business registration documents i.e. Certificates of Incorporation, Memorandum & Articles of Association and Business Registration Certificate
• Other documents that may be required e.g. Pro-forma Invoices and Bills of Quantities
• Business should have been in operation for at least 12 months.

How long does it take to get the SME Loan?
Disbursement of the loan is within 7 days where a charge already exists, or an average of a month where a charge has to be created.

How to open a Business Current Account: You need to have the following

• Minimum opening balance Kshs 5,000/= for individuals and Kshs 10,000/= for registered businesses
• Original and copy of ID and referee for individuals
• Original and copy of ID for each signatory for companies
• Original and copy of KRA PIN certificate
• Originals and copies of Memorandum and Articles of Association, Registration Certificate and Directors' Resolution to open an account with Co-operative Bank for companies

Features of the Loan for SMEs















SME Construction Loan
SME Unsecured Loans for Schools






















SME Distributor Financing





SME Overdrafts





SME Guarantees & Bonds









Apply for the SME Bizwise Loan today!
Visit any of our branches countrywide, or talk to us on 020 3276937/ 0729 277 600/ 0736 690 101.
You can also SMS your request to 2020 or email customerservice@co-opbank.co.ke