FEATURES
Unlock The Perfect Growth Through Smarter Stock Financing
Tailored for traders and retailers, CIB Stock Finance Loan supports businesses in industries such as hardware, spare parts, fashion, and FMCG with targeted inventory financing.
Loan Amount
Minimum and maximum based on serviceability
Tenor
Up to 24 months, tied to borrower’s stock cycle
Security
Registered chattels mortgage + deed of hypothecation of stock;
Repayment
Fortnightly, monthly, or bullet payments
Disbursement
Direct to suppliers; for loans less than KES 2M, funds may be credited to client account for local suppliers
Insurance
Credit Life + Fire and Burglary cover (through CIB Insurance Agency)
BENEFITS
The lending benefits
- Ensures steady inventory flow
- Sector-focused lending for traders in Nairobi, Mombasa, Nakuru, Kisumu, Kakamega & more
- Relationship Manager support with monthly visits and stock reviews