Smart Bisnis Loan
|Purpose||To fund the operation of small business by way of start up or working capital such as catering, tailoring, black market, second clothing, floriculture, poultry, trade store etc.|
|Rate of Interest (ROI)||2.8% per month or 25% p.a|
|Loan Term||6 – 12 months|
|Loan Amount||K1,000 – K15,000|
|Loan Repayment / Month|| Min: – K104.17 / month
Max: – K1,562.50 / month
|For General Purpose Loan, Smart Bisinis Loan and SME Loan, The Rate of Interest (ROI) are discountable based on performance or past repayment history|
KPML asserts that unemployment rates are still at an all-time high, and many companies have gone bankrupt, while others are barely hanging on by a thread. In fact, in today’s ever-changing and fluxing economic climate, Bisnis loans are about the only option small business owners have for obtaining cash to promote their companies and business ideas. With KPML’s provision of its efficient bisnis loan product, almost any enterprise can see immediate growth as long as they use the additional capital wisely.
If you have a company who is seeking secure financing to maintain business operations, investing in equipment, start a new branch, or any number of other motivations. Not only are these loans beneficial for growing businesses, but they are normally easy to obtain as there are a multitude of lenders who are willing to partner with business owners with a stable income and a decent business plan. However the biggest advantage of taking out a bisnis loan with KPML during tough economic times is that companies can use it to increase their working capital. While companies that are looking to expand often already have enough money to become larger, taking out a KPML Bisnis loan allows them to maintain their operating cash flow, making it easier for them to cover any unexpected expenses. Thus, they are able to make payments on their Business loan by using the new income gained from expanding their business.