Local Purchase Financing

Loan facility for SMEs

This is a facility tailor made by Family Bank for it’s clients (contractors/suppliers) of reputable organizations to enable them execute work and local purchase orders.

Here's what you'll get

Features

  • Grace period of up to 180 days
  • Repayment period of up to 12months renewable
  • Amounts between Kes. 50,000 to Kes. 1,000,000
  • Insurance cover against death and permanent disability

Benefits

  • Flexible security requirements
  • Financing of up to 75%
  • Competitive interest rates charged

Requirements