SME Trader Loan
A quick business loan to support the growth of small and medium businesses
Some of the benefits
Flexible
Your business can redraw on the loan up to the original loan amount
Easy access
Quick turnaround and no guarantors required
Hassle free
No audited financials required, only a few details about yourself and your business
Freedom
No guarantors required
What you get
- Minimum loan amount Kes. 50,000
- Maximum loan amount - Kes. 2 million
- Tenure - 3 months
- Credit life and fire burglary insurance
What it costs
- Stanbic Prime rate + margin
- Facility fees - 3%
Refer to our Pricing Guide
How o get it
Email [email protected] or visit your nearest Stanbic Bank branch with the following documentation
- Minimum of three months banking with Stanbic Bank and 6 months bank statements from previous bank
- 12 - 36 months trading history within the local markets to support loan amounts
- Valid business licence
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What you get
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What it costs
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How o get it
- Minimum loan amount Kes. 50,000
- Maximum loan amount - Kes. 2 million
- Tenure - 3 months
- Credit life and fire burglary insurance
- Stanbic Prime rate + margin
- Facility fees - 3%
Refer to our Pricing Guide
Email [email protected] or visit your nearest Stanbic Bank branch with the following documentation
- Minimum of three months banking with Stanbic Bank and 6 months bank statements from previous bank
- 12 - 36 months trading history within the local markets to support loan amounts
- Valid business licence