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KCB understands and supports business needs to be liquid to run its day-to-day processes. This is given against your assets and investments as security.

Benefits

Flexibility in withdrawal

The customer can draw money as needed from time to time, as long as the overdraft limit is not exceeded.

Multi-currency options

Multi-currency options: TZS &USD.

Low cost

The cost of borrowing is low since interest is only charged on the overdrawn balance.

Improved liquidity

It improves the customers’ liquidity position, allowing the business to run smoothly.

Friendly terms

Pay back the loan flexibly over a period of not more than 6 months.

Quick approval

Enjoy a quicker approval and disbursement process for your loan and have your cash almost instantly.

What We Need From You*

  • Duly filled KCB application form.
  • Certified copies of the Directors’ ID.
  • Certified copies of Certificates of Incorporation and TIN.
  • Company’s memos and Articles of Association.
  • Last 12 months' bank statements (for non-KCB customers).
  • Recent valuation report.
  • Audited books of accounts for the previous 3 financial years.
  • Current management accounts.
  • 12-month Cash flow projections.

Rates & Fees*

  • TZS facility: Base lending rate i.e. 19% p.a.
  • USD facility: Base lending rate i.e. 9% p.a + 1% = 10% p.a.

Interested in Working Capital Facility or have a question?

I am an existing KCB Bank customer

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