Grow your business without worry
Everyone needs that financial stability in life that perhaps can only come from doing business.
Therefore, after much thought, you’ve decided that you need to take a business loan; either to purchase inventory, provide you with cash to fulfil a huge order, expand your business or even cover operating costs such as payroll.
Your search starts and ends at Smithmo Credit Limited.
Requirements
Kindly ensure you have all the necessary documents ready in order to meet our requirements so that we may serve you.
- Smithmo Credit Limited Business Finance Loan application form
- Copy of national ID card or valid Passport
- Bank statements for at least two years
- Balance sheets, Income statements, Accounts receivables, Cash flow statements, Profit and Loss statements – what is available)
- Borrower’s coloured Passport Size photo (45x55mm) (2pcs)
- Copy of KRA PIN
- Tax compliance certificate
- Be duly registered by the government as a business entity (business permit, certificate of registration, or certificate of incorporation)
- Undertaking by the Director(s) of the company to repay the loan.
- Security/Collateral – any of the following: Inventory, Land Title Deed, Car Logbook, Livestock if properly insured, NSE Shares, Debentures on assets, Equipment and Machinery, or Certificates of deposit (CDs).
