I am interested in the

With a term loan you can access funding in periodical installments, either quarterly, half yearly or yearly for your working capital or asset acquisition.

Why choose the Term Loans

Friendly interest rates in comparison to the market

Quick turnaround time from application to disbursement of funds

Flexible tenure depending on the purpose and nature of business

Eligibility / Documents Required

  • Loan is available to both SBM account holders and non-account holders.
  • Applicant should have good credit ratings on CRB
  • Facility should not fall under the bank’s list of prohibited businesses
  • Account should not have unauthorized overdrawn or unpaid credit over the last six months 

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Rates & Fees

  • Interest rate : +4% for Kenya Shillings; US $ based on the 3 month LIBOR.
  • Processing fees - 3%
Get a Term Loan for Your Business