Term Loan

If a business opportunity presents itself but you need a substantial cash injection to take it up, we’re ready to enable you explore if it’s right for your business.

At a glance

FLEXIBLE TERMS

Spread repayments of your loan

FLEXIBLE CREDIT

Whether your business is expanding or getting off the ground

SECURITY

Fully insured by an insurance Company in the Bank’s Panel

Why choose our Term Loan?

Mayfair CIB Bank Term Loan offers a straightforward and flexible way to finance your business needs.

Lending rates

Competitive lending rates for foreign currency

Linked account

Term loan is attached to your Corporate / Institutional Account, so you can conveniently access your funds whenever you need it.

Interest

Interest linked to CBR for the local currency

Currency

Available in Local & Foreign Currency

Flexibility

Flexible re-payment period of term loan

Relationship manager

Enjoy personalized services through our dedicated team of relationship managers

Apply now

Check your eligibility

You must have;

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Certified bank account statements for the last 12 months

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Latest annual returns filed with the registrar
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Audited accounts for the last 2 years
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Cash flow projections over the term of the proposed borrowing
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Valuation report
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List of major customers and suppliers
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Approved plan/Bill of quantities(for construction projects)
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Tax compliance certificate
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Current loan statements for facilities elsewhere if any
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Evidence of orders, LPOs, work contracts where applicable
If you are a new Mayfair CIB Bank Customer

 

Leave your details with us and a Relationship Manager will contact you at your convenience.

If you're an existing customer

 

Leave your details with us and a Relationship Manager will contact you at your convenience.

Handy links

Forex Rates

Transact with Mayfair CIB Bank for the best foreign exchange price value in Kenya.

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Online Banking

To enable your day to day banking, login to our Mayfair CIB online banking platform.

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Our Branches

Find your nearest Mayfair CIB Bank branch.

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Contact us

+254 709 063 000

Call our contact centre

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Locate us

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