Are you operating a small business? Take the strain out of your business by taking a Biashara Plus loan facility.
Healthy cash flow is a vital part of running any business for its operations to run smoothly and successfully.
The Biashara Plus loan facility is a credit facility for small and micro-enterprise owners.
- Loans available from Ksh 5,000 to Ksh 2 million
- Repayment period is between 12 to 24 months
- Interest is tiered and depends on the amount borrowed
- Appraisal fee is at a flat fee of 2.5% of the approved amount
- Rebate – an incentive of 20% of the total interest is refunded to the prompt borrowers
- 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