Get Financing

This short-term offer is primarily offered to exporters. We help finance your products and base your repayments on your export proceeds or funds owed by your buyers.

Benefits

1. Provides working capital

Helps to generate additional working capital to enable the client meet production demands

2. Flexible security requirements

Security requirements to take up this loan are dependent on amount.

3. Allows for large consignments

It facilitates the taking of very large orders

4. Affordable rates

Offers affordable rates compared to other borrowing facilities

5. Revolving basis

Accommodates re-borrowing after a specified period of time

Sometimes your payments to your suppliers fall due before you are paid by your customers. With the Post-Import Finance Facility, KCB will bridge the financing gap and give you flexibility with additional time on your credit.

Benefits

1. Extended credit period

The Bank allows its client an undisclosed extended credit period, allowing for negotiation for better rates with the seller.

2. Low rates

Enjoy lower lending rate (LIBOR, plus a small margin)

3. Offsets LC bills

Used by importers to pay the LC Bills as they fall due instead of debiting the current account.

4. Low fees

It is ideal to use when client account is not in credit balance as the fees charged are much lower than the O/D.

When you receive an order from a known buyer but are unable to finance it from your own resources, KCB will offer you LPO Financing to enable you fulfil the order.

Benefits

1. Up to70% financing

Get financing of up to 70% of cost of items to be supplied.

2. Flexible security requirement

Security requirements to take up this loan are dependent on amount.

3. Low interest rate

Enjoy low interest rates on your loan

4. Quick approval process

Enjoy a quick approval process for your loan

5. 90 days or less payment disbursement

Disbursement takes a maximum period of 90 days depending on the terms of the LPO

When you sign a business contract and need a guarantor, KCB Bank will step in on your behalf to reduce the risk of non-payment or non-performance. KCB Guarantees are accepted both locally and internationally.

Benefits

1. Increase in liquidity

Client obtains credit hence increasing their level of liquidity

2. Immediate compensation

In case the customer defaults on payment, the beneficiary gets immediate compensation

Don’t stall your project due to any unreceived payments. Our working capital loan facility allows you to stay liquid pending any receipts or collection of payment for work already invoiced. This facility offers the benefit of managing working capital and cash flow requirements for the contractor such as wages, salaries and other supplier payments pending collections.

Benefits

1. Immediate access to funds

Immediate access to the proceeds of sales regardless of unreceived payment from customers

2. Simple process

Enjoy a simple application process for this credit facility

3. Simple security requirements

Enjoy additional working capital with simplified security requirements

This credit facility is extended to producers of products who do not have access to Balance Sheet Lending. The producer obtains liquidity by leveraging his inventories well before the goods are sold into the market.

Benefits

1. Immediate access to funds

Immediate access to the proceeds of sales regardless of unreceived payment from customers

2. Simple process

Enjoy a simple application process for this credit facility

3. Simple security requirements

Enjoy additional working capital with simplified security requirements

• Pre-requisite is to have all risk insurance and an assignment of proceeds.

We enable the importation and exportation of goods by handling the documents presented in the required order. This could be cash against documents, acceptance documents and/or the banks guarantee.

Benefits

1. Low bank charges

They are cheaper than LC’s in terms of lower bank charges

2. Short processing time

Enjoy short processing periods and speedy payments

3. Assured payment

If documents are against acceptance (DA), it allows an importer a period of credit while assuring the exporter of payments

4. Flexible bill settlement

The drawee has flexibility on settlement of bills (especially for documents against acceptance)

 5.No impact on customer’s credit lines

It bears no impact on the customer’s credit lines

This is cross-border trade using non-standard security where the intention is to get repaid by the liquidation of a flow of commodities.

Benefits

1. Access to financing

Gain access to financing where no other financing is in place

2. Financing matched with trade cycle

Financing facility is tuned to the producer’s production and trade cycle

3. Off balance sheet operation/liquidity

It operates on off balance sheet financing, keeping debt to equity low.

4. Producer benefits from his record of accomplishment

Allows producer to benefit from his track record in a reduced risk environment

This credit is extended to a seller who obtains financing and receives funds immediately after providing a sales document, which is sent to the buyer’s bank on behalf of the seller.

Benefits

1. No need for an LC

There is no need to get a Letter of Credit to get funded.

2. Improvement of liquidity.

The product can convert forward receivables into cash on demand so as to accelerate capital turnover and relieve the pressure of finance.

3. Simple process

Enjoy a simple financing process upon application