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Business Loan

Prime Bank Business Loan

Prime Bank

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
13% - 15% p.a.
Loan Amount
Ksh 500,000 - Ksh 100,000,000
Approval Time
7-10 working days
Processing Fee
1.5% of principal%

Rating Breakdown

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Total: 0 Reviews

Pros & Cons

Pros

  • Very competitive corporate rates from 13%
  • Highest ceiling among Tier 3 banks (KES 100M)
  • Low 1.5% processing fee saves thousands
  • 6-year repayment flexibility
  • Syndicated lending capability for large deals

Cons

  • Minimum KES 500K excludes small SMEs
  • Requires 3 years audited accounts (high bar)
  • Very limited branch network
  • Best pricing only for relationship corporates
  • High minimum revenue of KES 500K/month

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Product Details

Features

  • Corporate loans up to KES 100 million
  • Premium corporate banking focus
  • 6-year flexible repayment tenure
  • Low 1.5% processing fee
  • Trade finance and working capital
  • Prime Bank corporate internet banking
  • Dedicated corporate relationship teams
  • Syndicated lending for larger deals

Eligibility Requirements

Age: 25 - 70 years
Min Income: Ksh 500,000/month
Employment: Corporate, Large SME, Established business

Required Documents

  • Company registration and CR12
  • Audited accounts (3 years)
  • KRA PIN and tax compliance
  • 12 months bank statements
  • Board resolution for borrowing

Repayment Options

Standing orderDirect debit

Ready to Apply?

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Application takes less than 10 minutes

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