MSME Term Loan

Keep your business running with an MSME Term Loan

 MSME Term Loan

Expanding your business? An MSME Term Loan is what you need!

An MSME Term Loan is money you can borrow for your business for a period of time to help your business expand or to raise business supply capabilities. The amount can be repaid in up to 60 months based on your level of business and the type of security you provide to us as outlined below:

Features

Amount of unsecured term loan

  • Bronze: Kes 600,000.00
  • Silver: Kes 6,000,000.00
  • Gold: Kes 10,000,000.00

Fully secured term loans

Up to 24 months repayment for unsecured borrowing

Up to 60 months repayment period for secured borrowing

Requirements

MSME LOANS – Flat rate

  • Interest Rate – 13 % P.A
  • Application/ Negotiation Fees – None
  • Appraisal Fees – 2.5%
  • Max Tenor – 36 months

MSME LOANS- Reducing balance

  • Interest Rate – 13 % P.A
  • Application/ Negotiation Fees – Kes. 3,000.00-Kes. 15,000.00 (depending on amount)
  • Appraisal Fees – 3%
  • Max Tenor – 36 months

Do you have an enquiry? Talk to Us

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