Stanbic Bank offers SME Bizna loans ranging from Ksh1 million to a maximum of Ksh3 million.
The loan attracts a processing fee of 2.50%.
The loan is repayable between 1 month to 24 months and the interest rate for Annual Percentage Rate for the loan is 13% (1.08% per month reducing balance)
Loan top-ups are also available after 6 months of satisfactory repayments.