Business Loan

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Business Loan

Business Loans is a unique and tailor-made product to for people in business and SME's. The product is flexible with attractive repayment period. We offer loans on logbooks within 6 hours up to 50% of the value of the car at a flexible repayment period of up to 24 months. Like most secured loans, these loans accompany specific interest rates from as low as 6.5% based on the repayment plan and amount borrowed. If you need quick cash using your vehicle as security, a Business Loan is a great option.

Requirements

  • Original logbook
  • Original national ID & KRA PIN
  • Passport photo
  • Latest 3 months bank / Mpesa statements
  • Comprehensive insurance

Business Loan Calculator

Before applying for any Business Loan amount, it is essential to understand the variation of interest rates. The principal amount often accompanies specific interest rates based on the repayment period. Shorter repayment periods tend to have lower interest rates than prolonged plans. The Business Loan calculator helps you determine the rates applied on different loan amounts depending on your preferred repayment period.

Loan Calculator

Loan amount: Ksh

Interest rate: %

Months:

Note: Future interest will be excluded in an event of early loan repayment before the stated repayment period.