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Business Loan

SBM SME Business Loan

SBM Bank Kenya

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
14% - 16% p.a.
Loan Amount
Ksh 200,000 - Ksh 30,000,000
Approval Time
5-7 working days
Processing Fee
2% of principal%

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Pros & Cons

Pros

  • Strong trade finance capability
  • Kenya-Mauritius-India corridor expertise
  • Competitive 14% starting rate
  • Access to former Fidelity branch network
  • Mauritian parent brings global standards

Cons

  • KES 200K minimum excludes micro-businesses
  • Still building Kenya brand awareness
  • 5-year maximum tenure shorter than competitors
  • Requires 2 years business history

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Product Details

Features

  • SME loans up to KES 30 million
  • Mauritian banking heritage (State Bank of Mauritius)
  • Kenya-Mauritius-India trade corridor expertise
  • Trade finance and letters of credit
  • Working capital and asset financing
  • Former Fidelity and Chase branch network
  • SBM Business Online banking
  • KDIC deposit protection

Eligibility Requirements

Age: 25 - 65 years
Min Income: Ksh 200,000/month
Employment: SME owner, Trader, Professional practice, Manufacturer

Required Documents

  • Business registration
  • Audited or management accounts (2 years)
  • KRA PIN and tax compliance
  • 12 months bank statements
  • Trade licenses

Repayment Options

Standing orderDirect debit

Ready to Apply?

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Application takes less than 10 minutes

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