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Business Loan

Equity SME Loan

Equity Bank Kenya

Last updated: October 29, 2025

|Last verified: Oct 29, 2025
0/5
Based on 0 Reviews
Interest Rate
12.5% - 17% p.a.
Loan Amount
Ksh 50,000 - Ksh 30,000,000
Approval Time
3-5 business days
Processing Fee
2%%

Rating Breakdown

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Total: 0 Reviews

Pros & Cons

Pros

  • Lowest SME rates (from 12.5%)
  • Lower minimum (KES 50k)
  • 190+ branches for support
  • SME-focused bank
  • Free business training
  • Group lending available

Cons

  • 2% processing fee
  • Documentation required
  • 3-5 day approval

Customer Reviews

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Product Details

Features

  • Loans up to KES 30 million
  • SME-friendly rates from 12.5%
  • Flexible collateral requirements
  • Quick approval for Equity customers
  • Group lending options
  • Asset finance available
  • 190+ branches nationwide
  • Free SME training programs

Eligibility Requirements

Age: 21 - 70 years
Min Income: Ksh 80,000/month
Employment: SME owner, Business owner, Self-employed, Traders

Required Documents

  • Business registration
  • KRA PIN
  • Bank statements (12 months)
  • Business plan
  • National ID

Repayment Options

Standing orderMobile bankingBranch

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