LPO Financing

We offer you financing against a local purchase order from any reputable organization to enable you to deliver the goods / services.

Benefits

  • Financing available from Kshs. 100,000 up to – 50M
  • KCB customer- Min 6 Months existing relationship
  • Plus 2.5% interest rate per month
  • 120 days
  • Directly paid to suppliers account
  • Finance of up to 60% of cost of items to be supplied
  • Flexible security requirement
  • Low interest rate
  • Quick approval process
  • Maximum period of 90 days depending on the term of the LPO


Qualifying Criteria

  • Valid LPO from the government ministry or Parastatal, a reputable (blue chip) company, listed NGOs or KCB List of Corporate companies
  • Pro-forma invoice or quotation of items of purchase from the supplier
  • Bank statements for the last 6 months (for non-customers)
  • Copy of proposed collateral for borrowings above Kshs. 1,000,000
  • Val8id business registration and permit documents
  • Valuation report where applicable
  • Audited accounts for amounts above 5.0 M
  • List of past contracts completed - dates, amounts, etc
  • Debtor/creditor duly aged analysis

Rates and Fees

  • 3% negotiation fees on financed amount


Loan Calculator

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