BANK

For SME

Interested in:

Overdraft Facilities

Whether you require temporary overdraft facilities for one-off situations or an annual facility for businesses requiring working capital throughout the year; this facility gives you increased liquidity for your business, allowing to replenish your work capital as needed, thereby running your business smoothly.

Benefits

Benefits

What we need from you

  • Director’s personal guarantees (mandatory for companies)
  • 3 years’ audited accounts for amounts over Kes 5M or management accounts if 6 months have lapsed since the date of the last audit.
  • Customer's physical location which will be verified through continuous visits.

Rate Fees*

  • Interest rate - CBR 13% +4*
  • Favorable Negotiation fees - 3%

*Charges are not inclusive of tax

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