Are you a Safaricom dealer with a regular contract with Safaricom Ltd? Gulf African Bank has partnered with Safaricom Ltd to offer a banking package tailored for this type of SME.
The package offers SMEs a bank Guarantee, short term working capital finance or Asset finance.
Enables dealers to undertake purchase of airtime scratch cards and other merchandise from Safaricom Ltd using personal/company cheques
Gradual cash margin build up option
Available up to a maximum of Kshs. 25 Million
Repayment period of 12 months
Enables dealers to finance stocks for their businesses
Financing facility processed within 48 hours
Enables the dealer to acquire property and capital goods
Repayment period - 48 months
Up to 80% financing available