Stock Loans

Revolving and non-revolving stock loans are essential for when your business needs financing to purchase or buffer stock for normal business operations. This loan is available with revolving limits.

Features

• Minimum loan amount of KES 300,000.
• The unsecured business stock loan is being offered as an unsecured loan. (Loan amounts of up to Kes 6,000,000/- tailored to meet your business needs with no security required.)
• Maximum repayment period of up to 36 months, subject to the nature of the stock and business net cash cycle.
• For revolving limits, the maximum tenor period is 12 months, with a maximum of 180 days for each drawdown, subject to the business cash conversion cycle.
• Repayment is in equal monthly instalments of principal and interest.
• Repayment for revolving limits with an option to service the interest on a monthly basis and principal repaid in bullet.
• Hassle-free insurance cover for the stock and the business through NCBA Bancassurance.