 A
Fina Business Loan is an ideal solution, for providing
a Capital boost with flexible repayments and interest
options.
The product can be utilized for financing purchases of Machinery, Motor vehicles, Land & Building (including renovation
of premises), Purchase of Stocks-in-Trade, Business Restructure/Market Development amongst others.
You can choose to repay:
- Interest only on monthly basis and the principle in full at the end of the loan period (Balloon/Bullet repayment)
- Principal and interest combined, on a monthly basis in one installment (Equated Loan Installments)
| Loan Amount |
Minimum
KES 300,000 |
| Security |
Secured by various types of security, including developed residential or commercial property (ies),The said properties can be own or from 3rd parties.
Cash-deposit(s), Life Insurance policy (ies), share(s)
quoted on the Nairobi Stock Exchange, Approved Bank
Guarantee(s) or other forms of business assets. |
| Term |
Variable Interest Rate. |
| Interest Rate Type |
Floating Interest
Rate, on a Flat Rate Per Annum Basis |
| Repayment Terms |
Monthly, Quarterly, Half-Yearly, Yearly or Balloon. |
|
