Financing Instruments & Financing Providers

Business financing

• We support semiformal micro and small businesses with digital working capital loans of $100-$5000 disbursed via mobile money.
  
• Entrepreneurs can access credit in as little as 2 hours from the comfort of their business. No paper work, no collateral, no lengthy wait times.
  
• Our proprietary underwriting process enables us to verify businesses remotely and grow loan limits appropriately ensuring that Numida and our clients succeed.

• A registered business
• Registered mobile money number,
• Numida mobile app
  
• National ID
• Trading license

Instant mobile loans

Personal entrepreneur mobile loans

The person should be a registered MTN mobile user who has been active for at least 6 months.

Instant mobile loans

• Money transfer for micro businesses

• The person should be a registered Airtel mobile user who has been active for at least 6 months.

Advancing good business background and repayment capacity for asset purchasing.

• Term Working capital loans.
• Business Loans Application Form duly completed.
• PIN Certificate of the applicant.
• ID copies and PIN certificates of the directors.
• Director’s resolution to borrow.
• Audited financial accounts for the last three years.
• Business latest management accounts with current aged debtors and creditors.
• Copies of the security documents e.g. title deed, logbook etc.
• Copy of the valuation report, if available.
• Copy of the letter(s) of offer and certified loan account statements from other institutions, if enjoying other facilities.
• Bank statements for the last six months, if banking elsewhere.
• Sketch map of physical location of the business premises.
• Cash flow projections for next 12 months.
• Copy of the business registration certificate (business names).
• Copy of the certificate of incorporation (limited companies).
• Copy of the memorandum and articles of association (limited companies).
• Latest returns to the registrar of companies.
• Details of Securities offered.

AgriFinance
This is a loan product for agricultural products.

Loan Purpose:

• For financing of agricultural inputs, production, processing, marketing and distribution

One valid ID photo

Support economically active customers in rural areas with no individual collateral, like women groups.

• Attractive interest rates
  
• Flexible repayment period of up to 12 months
  
• Top up loans are available
  
• No collateral required
  
• Small weekly installments
  
• Insurance cover in case of death or injury
  
• Networking opportunities
  
• No penalty charges on early repayments
  
• Competitive interest rates
  
• Access to PBU services at selected Branches
  
• Loan graduation for the best Performing groups

• The group and the individual members must have an account with PostBank Uganda
  
• A valid group and members address
  
• Introduction letter for the group by the area LC1
  
• Valid National IDs of all members
  
• Individuals or group must declare Source of income
  
• No collateral required,
  
• Should have an account with PBU
  
• Valid National ID
  
• Financial Card

Working capital financing

Business must be registered or operating in the countries where Ecobank operates

• Hold a bank account in Ecobank,
• Business registration documents

Support women's livelihood by empowering micro entrepreneurs financially

The EFC Women Market Trader Loan is specifically designed for women entrepreneurs who need fast and efficient small loan services. It may be used to finance a wide range of activities including working capital, equipment purchases, investments and agricultural supplies to name a few. The product is aimed at improving women’s livelihood by empowering micro entrepreneurs financially.

• Borrower must be an entrepreneur or merchant or legal entity
• Be of the age of majority
• Should have at least 6 months expertise
• Have a guarantor and collateral
• Financial card
• Valid trading licence

Finance for working capital in Business

• should have satisfactory operative Current account
• should be profit making for last two (2) consecutive financial years

• Company registration form
• Partnership deed (incase of any)

To enable all entrepreneurs engaged in income generating activities to grow their business

All Income generative activities

• Business registration documents
  
• Financial reports

For women involved in productive enterprises

• The product is available for women in business

• Financial card
• Identification

Financing short term and long term obligations

• Hold a current or savings bank account
  
• Account managed responsibly
  
• 5,000,000 as Minimum net worth of the firm

• Account statements
  
• Annual bank statement 

Short term capital financing for businesses

• Have an active bank account with Stanbic bank
  
• Possession of collateral

• Financial card
  
• Trading license
  
• Valid IDs

To facilitate the performance and growth of small and medium enterprises

• Possession of a trading licence
• Credible guarantor
• Trading License
• Letter of Guarantee
• CRB registration

To enable business firms to expand and grow

• Flexible Repayment period 3-36 months
  
• Interest charged on reducing balance.
  
• Up to UGX 120 million
  
• Flexible collateral requirements

• An active Savings account
  
• Business must be legal
  
• Trading licenses
  
• Financial Card
  
• Loan processing fees
  
• At least 12 months experience in the business to be funded
  
• Acceptable collateral

land purchases, survey and registration

• Hold a current or savings bank account.
• Good credit record for applicants.

• Completed loan aplication form
• Financial card

To facilitate short and medium term credit for SMEs

• FINCA Small Business loan
• Facilitates business performance and growth
• Personalized repayment plan
• Loan amount depends on business performance
• Competitive interest rates

• Minimum age of 18
• Active Business for atlest 6 Months
• Guarantorship Financial Card
• CRB registration
• Trading License
• Individual borrowers with active businesses
• Applicant must be 18 years and above
• At least 6 months of business existence and activity
• Possession of proof of business preferably trading license
• Two guarantors
• CRB registration (Card or Number)
• Possession of an acceptable form of collateral

Business training, Financial advice

• Hold a current or savings bank account
• An entrepreneur or company holding 50% shares

• Financial card
• Company profile

Financing commercial farmers

• Legally registered farming group
• Hold a current or savings bank account

• Financial card
• Company profile

Growth and expansion of the business

• Access to additional funds for your business using your property
  
• Projected cash flows for the period of financing.
  
• 80% financing available on your collateral’s valuation price

• Formal application form
  
• Financial card for the borrowing entity
  
• Business plan, updated company profile.

To enable business owners meet their working capital requirements as they pay back in managable instllments

• Trust Business loan
  
• The Trust Business Loan enables you to meet your working capital requirements as you pay back in manageable installments.
  
• Increase your working capital
  
• Loan size varies with your business requirement and collateral
  
• Payable in manageable installments
  
• Flexible loan period

• Borrower must be 18 years of age and above
  
• Operating a legal and running business
  
• A saving account at Finance Trust Bank
  
• Loan guarantee savings required where necessary
  
• Sufficient collateral is required for the loan (e.g. land titles, chattels, motor vehicle logbook etc.)
  
• 2 reputable guarantors
  
• Legal business that has been in existence for at least 6 months
  
• Commercial trading license

Financing customers to purchase stock for trading purposes or offer services

• Must be an existing legal business with an operative bank account
• Collateral/security

• Application for the facility with a clear purpose
• Financial information

Financing institutions and corporate businesses for continuity

Our Business loan is a short to medium term credit facility to provide finance to institutions and corporate businesses for business continuity.

• Certified copies of company founding documents
• Proof of residential address
• Valid identification of business
• CRB Card
• Bank statement for at least 12 months
• Trading licence

Financing for the working capital requirements of a qualifying business. More specifically, they are intended to facilitate key operational requirements that directly aid production such as purchase of raw materials and productive inputs.

• Financing for the working capital requirements of a qualifying business.
• More specifically, they are intended to facilitate key operational requirements that directly aid production such as purchase of raw materials and productive inputs.

• Applicants must be incorporated entities
  
• The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
  
• Adequate collateral is required, preferably landed property

Upgrading cocoa and value chains with a focus on post harvest handling, marketing, better price incentive, etc.

Qualifying businesses must be:

• SMEs and National Research Institutions in the priority value chains of coffee and Cocoa.
• Business support organizations in coffee and cocoa. The request must be between 50 & 55% of the total eligible cost.

• Business registration documents.
• Financial reports.

For working capital requirements

• All persons engaged in trade of any commodity / goods
• Individuals or firms shouldn't be prohibited by law nor opposed to public interest.

• Company registration form
• Partnership deed (incase of any)

Financing institutions and corporate businesses for continuity

The Small Business Loan, is a short to medium term credit facility aimed at financing business growth in the Small and Medium business segments.
Bi-monthly, monthly& quarterly depending on a client’s business cash flow cycle

• Application Form
• Business Trading license.
• Bank Statement for at least 6 months.
• Cash flow projections for at least 12 months – to be prepared by the Bank’s Relationship Managers after looking at basic source documents, interviewing the customer and visiting the client’s business premises.
• Copy of Valuation report prepared by a bank-approved valuer(s) where applicable.
• Client to sign affidavit in addition to land sales agreement.
• Spousal consent for all security where applicable

Reducing youth unemployment

• Youth between 18-30 years of age
• All applicants must be bonafide residents of their area
  
• Beneficiaries are un-employed, under-employed or poor
  
• Beneficiaries must be Ugandan Nationals

• Certificate of registration from Community Development Officer.
• Proof of existence for at least a year (books of accounts records)

Financing land acquisition to Business people and SMEs 

• No security required
  
• Atleast12 months bank statetement for sole proprietors

• Financial Card
  
• Complete Loan Application
  
• Sales Agreement

Working capital, real estate construction or acquisition and capital expenditure financing

Business must be registered or operating in the countries where Ecobank operates

• Hold a bank account in Ecobank,
• Business registration documents

Ensuring that customers are able to set up serious development projects

• Must be an existing legal business with an operative bank account
• Collateral/ security

• Financial information

Increasing working capital and income for women in business

• Must be a woman 18 years and above
• Sufficient collateral the loan

• Registration to CRB

Women in Business loan

• The Women’s Business loan is for women engaged in micro, small and medium businesses who wish to borrow as individuals for long and short term Investments such as adding capital into business, purchase of shares, import and export business.
  
• Enables women to increase their working capital
  
• Enables women increase their income
  
• Loan is payable in manageable installments
  
• Up to 5 years loan period

• Borrower must be a woman
  
• Must have and FTB account
  
• Must be 18 years of age & above
  
• Must have a legal business that has been in existence for at least 6 months
  
• Registration to CRB is mandatory
  
• Sufficient collateral for the loan
  
• Guarantor

Financing expansion to Landless people and those deriving their livelihood from the land

Ideal for any business that needs working capital to finance its business expansion

Main benefits:

• Flexible repayment period of up to 60 Months
  
• Top Up loans available
  
• Competitive interest rates
  
• Apply from any of our branches country wide

• Should have an account with PBU
  
• Must reside within the branch's operational area which borrows from PBU
  
• Valid National ID
  
• Financial Card
• Business should be operational for at least 6 months
  
• Business registration documents
  
• Security for borrowing
  
• Two guarantors

Financing entrepreneurs with inventory/working capital/purchases for business purpose.

EFC Uganda partners with micro and small size entrepreneurs (MSEs) who need fast and efficient credit services.
The EFC Business Loan is specifically designed for entrepreneurs to provide working capital or to finance inventory and/or equipment purchases, investments, agricultural supplies or any other business related purpose. This product is intended for revenue producing activities (business) only.

• Must be an individual entrepreneur/merchant/other legal entity engaged in income generating activities
• Be of the age of majority
• Have collateral
• Financial card
• Valid trading licence

Financing working capital in SME/micro corporate loans

• Posses a legal business existing for at least 6 months

• Registration to CRB

To help producers build capacity and/or profitability for example by purchasing essential equipment

• We continue to focus on reaching small farming and handcraft groups in disadvantaged areas, with 47% of customers having a turnover of below £500,000.
  
• All of the businesses we work with need to be fair trade registered
  
• We lend to support Fairtrade products such as coffee; fresh fruit, nuts, and cocoa, as well as handcrafts such as weaved baskets and furniture.

Financing purchase of fixed assets

Hold a current or savings bank account

Proper identification

Increasing productivity of small holder farmers

• Social enterprises that had collected solid evidence on the effectiveness of their approach,
• reached a certain scale (typically 3-10 MUSD in annual expenditures),
• built high-quality systems for financial management and impact monitoring,
• attracted highly skilled managers and built a track-record of good cooperation with all relevant stakeholders

Business financing

Business must be registered or operating in the countries where KCB bank operates

• A completed loan application form
• A business proposal on the proposed project
• 6 months bank statement

Easing access to finance for African MSMEs

All African SMEs with a valid operating license

• Business registration documents
• Audited financial reports

It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing.

It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing.

• Applicants must be incorporated entities
  
• The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
• Adequate collateral is required, preferably landed property

To help small and medium enterprises nurture and grow their businesses

Small Business loans

• Should possess a Certificate of incorporation
  
• Should be involved in profit making business for at least two years
  
• Certificate of incorporation
  
• Copy of partnership deed
  
• Memorandum and articles of association

To promote commercialization of Agriculture

• Acquisition of agricultural machinery.
• Post harvest handling equipment.
• Storage facilities, agro processing, mechanization

• A detailed bankable project proposal/ feasibility report

To finance business expansion and acquisition of commercial property

Microfinance

• Should possess a Certificate of incorporation
  
• Should be involved in profit making business for at least two years
  
• Certificate of incorporation
  
• Copy of partnership deed

SME Scaling

• Business operating in a country where they have an office.
• Business needs medium term loan capital between: US$100k and US$1.5M.
• Applicant’s business is for profit
• Applicant’s business has a turnover of less than US$ 15 million and assets less than US$ 6 million.
• The business is owner-operated and/or the owner is substantially involved in running the business

• Business Plan and Projections, Financial Information, Shareholders Information, Identity Documents
• Application form is on https://grofin.com

Financing for projects with a capital expenditure requirement for expansion, refurbishment, re-equipment and new asset acquisition. They can be extended to both new and existing projects.

• Financing for projects with a capital expenditure requirement for expansion, refurbishment, re-equipment and new asset acquisition.
• They can be extended to both new and existing projects.

• Applicants must be incorporated entities
  
• The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
  
• Adequate collateral is required, preferably landed property

To finance businesses with working capital for expansion and growth

Boda Boda loans

• This is a loan product for motorcycle riders who want to aquire and or expand on their business.
  
• 3.3% Set up fees of loan amount
  
• Stamp Duty is UGX15,000 of loans above 3M
  
• Calculation of interest; Reducing Balance

• Business should be operational for at least 12 months
  
• Possession of a Certificate of Incorporation
  
• Initial Deposit of UGX 500,000
  
• Open an account with OBUL
  
• Must have a Rider's permit
  
• CRB Search fee of UGX15,000
  
• Application fees of UGX20,000
  
• Operate from a recognized stage
  
• Recommendation letter from your area of residence
  
• Recommendation letter from your association
  
• Three guarantors(1 from family, 1 from association,1 from your stage)
  
• Financial Card

Finance working capital and acquisition of business assets

• Authority to borrow granted by relevant Ministry in case of financing
• Hold a Current or Savings account with the Bank
• Projected cash flow statement

• Projected cash flow statement
• Valid license for the business being undertaken.
• Memorandum and Articles of Association or Partnership deed

Support the growth of sole traders, Partnerships, Associations and Limited companies

• Growing your business can be easy.
• Get a secured or unsecured installment loan to expand your working capital, plus get access to great interest rates.
• Competitive interest rates.
• Fixed interest rates.
• Simple to arrange.
• Higher loan amounts.
• Flexible repayment options.

• You need an Absa Uganda business account.
• Your business must be 3 years or older.
• You must have banked with Absa Uganda if you need an unsecured loan.
• Collateral is required if you need a secured loan.
• Up to date annual returns and filed receipts
• Certificate of Incorporation/Registration
• Partnership deed.