Institutional Working Capital Loan

Continuity of operations while awaiting exchequer, capitation or grant releases

Ability to take advantage of supplier discounts

Active Equity account
KYC documentation – certificate of registration/incorporation or establishing Act/Gazette notice, KRA PIN, and IDs/KRA PINs of signatories
Board/Council resolution authorizing the account or facility and appointing signatories
Audited financial statements and management accounts
Bank statements (where banking elsewhere)
Current CRB reports
Security documents and valuation reports – as applicable
Call report – for site visits and additional verification
Other supporting documents – depending on the loan purpose

Charges
- Interest rate: Equity Bank Reference Rate (EBRR) + margin, based on the customer’s risk profile
- Loan Application and Credit Evaluation (LACE) fee: up to 3%
- Excise duty: 20% of LACE
- Insurance fee: as applicable to the facility
Transaction Process
- Application
- Credit review & Approval
- Offering
- Security perfection
- Disbursement
- Monitoring

Loan amount

Loan duration in months

Interest Rate (% P.A)

First Name

Last Name

Phone number

Closest Equity Bank Branch

Referal Code

Type query here.

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Terms and Conditions

Equity Bank is Regulated by the Central Bank of Kenya