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SME Loan

Product banner for SME loan

Do you need working capital for your business? The SME Loan is a tailored made lending facility that is available to businesses for meeting working capital needs and to achieve business goals.

Benefits of SME Loan

Support

Gap-funding to meet urgent business demand

Ease

This solution is accessible to existing and new to bank customers with limited documentations required.

Speed

This solution has a quick turnaround time with 24-hours delivery for eligible customers.

Flexible Terms

Repayment plan is tailor made and based on customer’s cash flow
Join the Blue Family Today!

We Can Help You Boost Your Business. Interested?

What you Get
  • Availability of short-term working capital to customers
  • Bridging short term financial needs
  • Business growth for customers
How to get it
  • Applicant’s formal letter of request for loan
  • Satisfactory credit  checks from 2 credit bureaus
  • Banking history of at least six months with Stanbic IBTC Bank or 12 months with other Banks
  • Registered enterprise or limited company (Incorporation) Documents to be provided
  • Tax Identification Number (TIN)
  • Upon loan approval, duly accepted Offer Letter.
What it costs
  • TOD and Advance: 36% with free insurance
  • Short Term Loan: 36% with free insurance
  • Management Fee: 1%

* There is no concession on the pricing

  • What you Get
  • How to get it
  • What it costs
  • Availability of short-term working capital to customers
  • Bridging short term financial needs
  • Business growth for customers
  • Applicant’s formal letter of request for loan
  • Satisfactory credit  checks from 2 credit bureaus
  • Banking history of at least six months with Stanbic IBTC Bank or 12 months with other Banks
  • Registered enterprise or limited company (Incorporation) Documents to be provided
  • Tax Identification Number (TIN)
  • Upon loan approval, duly accepted Offer Letter.
  • TOD and Advance: 36% with free insurance
  • Short Term Loan: 36% with free insurance
  • Management Fee: 1%

* There is no concession on the pricing