BENEFITS
The perfect account for your business!
CIB Kenya Limited Term Loan offers a straightforward and flexible way to finance your business needs.
Interests
Interest linked to CBR for the local currency
Currency
Available in Local & Foreign Currency
Flexibility
Flexible re-payment period of term loan
Lending Ratings
Competitive lending rates for foreign currency
Linked Account
Term loan is attached to your Corporate / Institutional Account, so you can conveniently access your funds whenever you need it.
Relationship Manager
Enjoy personalized services through our dedicated team of relationship managers
Flexible Terms
Spread repayments of your loan
Flexible Credit
Whether your business is expanding or getting off the ground
Security
Fully insured by an insurance Company in the Bank’s Panel
FEES & CHARGES
The account fees and charges
Corporate Term Loan Tariff Guide to Fees & Charges
CIB Tariff Guide
456.9 KB
REQUIREMENTS
Discover the required documents needed
to open the account
- Certified bank account statements for the last 12 months
- Latest annual returns filed with the registrar
- Audited accounts for the last 2 years
- Cash flow projections over the term of the proposed borrowing
- Valuation report
- List of major customers and suppliers
- Approved plan/Bill of quantities(for construction projects)
- Tax compliance certificate
- Current loan statements for facilities elsewhere if any
- Evidence of orders, LPOs, work contracts where applicable
