Lloyds Capital SME Loans

Our SME loans are tailored to meet the needs of Small and Medium Enterprises (SMEs) seeking additional capital to strengthen and expand their operations. Designed to be flexible and affordable, our loan packages come with repayment terms customized to suit each business’s unique financial situation.

 

The primary objective of our SME loans is to empower businesses by providing the capital needed to re-stock, purchase equipment, hire staff, or invest in initiatives that drive growth and long-term sustainability. We recognize the vital role SMEs play in fostering economic growth and job creation, and we are committed to fueling their success through accessible financial solutions.

 

Lloyds Capital offers competitive interest rates and a straightforward application process, with approvals processed quickly to ensure SMEs receive timely support. Our services extend to a wide range of businesses, including those in the informal sector, making it easier for entrepreneurs to access the resources they need at an affordable cost.

 

At Lloyds Capital, we believe in the potential of SMEs to transform communities and stimulate economic development. Our SME loans are just one of the many ways we are dedicated to supporting businesses, creating opportunities, and driving growth across the regions we serve.

Lloyds Capital SME Loan Requirements

To qualify for an SME Loan with Lloyds Capital, applicants are required to provide the following documents and details:

  • Original National ID copy

  • KRA PIN copy

  • Valid business permit or registration certificate

  • Six (6) months M-PESA and bank statements

  • Recent passport photo

  • Next of kin’s ID copy and passport photo

  • Affidavit of marriage (if applicable)

  • Business transaction receipts (e.g., rent receipts, purchase receipts)

  • Residential address and PIN to be indicated on the application form (loan officer will verify during visit)

  • Business site visit by the supervisor

  • Duly completed loan application form

  • Photos of chattels used as collateral (where applicable)

  • Chequebook (optional)

Benefits of Our SME Loans

  • Competitive and affordable interest rates

  • No hidden charges

  • Quick and transparent loan processing


SME Loan Processing Period

  • Loan duration: 1 to 3 months


SME Loan Interest Rates & Fees

  • Interest rate: 7.5% per month

  • Processing fee: 7.5%

  • Loan amount: Ksh 10,000 – 50,000 (secured by business assets)

  • Mandatory savings: 20% of the loan amount

  • One-time registration fee: Ksh 1,000