BUSINESS LOANS

We offer quick and flexible loan facilities for your working capital requirements for micro, SME and corporate businesses. We offer flexibility on security and term of the loan – we offer short term and medium term loans including revolving facilities for short term needs.

Requirements include:

• Six (6) months’ bank statements
• Identification documents – National ID or passport, KRA PIN.
• Security – Logbook, title deed etc.
• For registered businesses, registration documents.

As a landlord or landlady, you can access loan facilities to improve rental houses and take care of other needs through our Kodi Cash loan. We partner with you and your property agent to give you very flexible financing terms against rental income.

Requirements include:

• Property management contract
• Three (3) months’ payment vouchers
• Identification documents – National ID or Passport and KRA PIN.

You can get financed against your motor vehicle logbook to meet your urgent financial obligations without hassles and many requirements. We do not limit the age of motor vehicle that can be used to secure the loan.

Requirements include:

• Original logbook of the motor vehicle
• Current valuation by a valuer on our panel,
• Original National ID or Passport

We will assist you to acquire movable assets such as motor vehicles and machinery. The same assets will serve as the security for the loan.

Requirements include:

• Bank statements for the most recent six (6) months;
• Identification documents – National ID or passport, KRA PIN.
• Security – Logbook, title deed etc.
• For registered businesses, registration documents.

Avoid the stress of clearing imported motor vehicles at the port by engaging us to handle it for you. We finance 100% of the duty and normal storage charges. The vehicle being cleared will serve as security for the loan.

Requirements include:

• The motor vehicle importation documents
• Identification documents – National ID or passport, KRA PIN.

Get financing to supply orders (LPOs and LSOs) from reputable organizations against unpaid invoices. Do not miss an opportunity to meet your orders. Progressive Credit will partner with you to meet all your supply needs.

Requirements include:

• Current LPOs/LSOs from a reputable institution
• Most recent six (6) months’ bank statements
• Current unpaid invoices
• Formal security – Logbook, title deed, etc.
• Evidence of previous supply and payments