Import Loan / Export Loans for Businesses in Kenya

Import Loan

Liquidity challenges are a part of small and medium sized business operations. Import Loans allows you access to short-term cash in advance to enable you (the importer) to meet your immediate payment obligations. Under such arrangements, Credit Bank finances your import commitments by making payment against the Letter of Credit or Documentary Collections and we then receive that payment from you at a predetermined date in the future.
Here, the credit period between the time that we provide financing and the time you repay us should be sufficient for either manufacture of the goods for final sale or for direct sale to your end buyers.
There are pre and post import loans available depending on the stage of the import process.

Benefits of Import Loans

  • Get access to financial resources to clear goods from the port, manufacture, store or arrange for final sale to the end buyer.
  • Carry out the manufacturing process
  • The facility enables you to pay bills on time and creates room to generate receivables
  • Ability to reimburse the suppliers on a sight basis or when the tenor is due, therefore be in a greater bargaining position – typically in terms of the contract price

Export Loans

If you are in the export business, liquidity challenges may arise from time to time. At Credit Bank, we provide you (the exporter/seller) with access to working capital finance in the form of an Export Loan prior to shipment or delivery of goods. A facility can also be provided against evidence of shipment of goods or supplies made to the importer.

Benefits of Inventory/Stock Loans

  • Allows you to order in bulk and negotiate discounts
  • Enables you to meet seasonal and/or unexpected demands
  • Get/offer more attractive terms
  • Enhances your reputation with suppliers