Financing Instruments & Financing Providers

Financing Professionals and Consultants earning a monthly income

• Minimum age 21 years
  
• Professionals and consultants earning regular monthly income
  
• Both citizen and non citizen

• Valid work id/ passport
  
• Financial card
  
• Tin number

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.

Financing Customers to secure their land through acquisition of titles

Land loans and advice on purchasing land

• Copy of financial card, valid ID and Passport photos
• Spousal Consent for married customers
• Spousal consent or statutory declaration for marital statuses
• Proof of borrowers income
• One reputable guarantor

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

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

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