To be considered for Biashara Plus, a customer will have run the business for at least 1 year, and be registered and exist on a permanent premises. This explains the 'Plus' name to the loan, as the funding is intended to help the customer expand an existing business. In addition, customers who manage to repay the loan in a timely manner as provided for in the agreement are given a 20% rebate on loan repayment on the next Biashara Plus facility.
Another attractive feature of the loan is that customers have the chance to get funding without having to secure the loan, as the bank may instead consider other business assets e.g. business stock, household assets, personal guarantees and other movable and fixed assets as sufficient to secure the funding.
Apply for Biashara Plus Loan today and watch your business grow! Talk to us on 277 6000 or Email:
customerservice@co-opbank.co.ke
