Fina Bank

Fina Business Loan - Kenya

Fina Bank’s Business Loan provides a capital boost with flexible repayments and interest options. The product can be utilised for financing purchases of Machinery, Motor vehicles, Land & Buildings (including renovation of premises), Purchase of Stocks-in-Trade, and Business Restructure/Market Development amongst others.
Features:

Loan Amount: Minimum KES 300,000

Security: Secured by various types of security, including developed residential or commercial property (ies). The said properties can be owned or from 3rd parties; Cash-deposit(s), Life Insurance policy (ies), share(s) quoted on the Nairobi Stock Exchange, Approved Bank Guarantee(s) or other forms of business assets.

Duration: Upto 60 months

Interest Rate Type: Floating Interest Rate, on a Flat Rate Per Annum Basis

Repayment Terms: Pegged to bank's base rate
Requirements:

• Company Profile
• Latest audited financial statements
• Bank statements of at least 6 months
• Project validity where applicable
Eligibility:

• Evidence of ability to repay the debt
• Proof of items to be purchased using copy of pro-forma invoices or documents of title
• Adequate security to be provided.
Fina Business Loan - Rwanda
Features:

Loan Amount: Minimum RWF. 5,000,000

Term: Upto 48 Months

Repayment Terms: Monthly, Quarterly, Half-Yearly.
Fina Business Loan - Uganda

You can choose to repay:

• Interest only on monthly basis and the principle in full at the end of the loan period (Balloon/Bullet repayment)
• Principal and interest combined, on a monthly basis in one installment (Equated Loan Installments)
Features:

Loan Amount: Minimum UGX 7,500,000

Security: Secured by various types of security, including developed residential or commercial property (ies),The said properties can be own or from 3rd parties; Cash-deposit(s), Life Insurance policy (ies), Approved Bank Guarantee(s) or other forms of business assets.

Interest Rate Type: floating Interest Rate, on a Flat Rate Per Annum Basis

Repayment Terms: Monthly, Quarterly, Half-Yearly, Yearly or Balloon.
Requirements:

• Company Profile
• Latest audited financial statements
• Bank statements of at least 6 months
• Project validity of at least where applicable
Eligibility:

• Evidence of ability to repay the debt
• Proof of items to be purchased using copy of pro-forma invoices or documents of title
• Adequate security to be provided.
Fina Trade Finance

Fina Trade Finance caters for the Export and import clients. Relationship Managers/Officers who are in direct contact with customers provide necessary solutions to meet customer needs.

A variety of products are offered FINA Bank has correspondents in all major financial centres of the world.
Import Business:

• Opening of Import letters of Credit in all major currencies of the world
• Handling Import Documentary collections.
• Making Direct Import Payments anywhere in the world
• Availing Import Collection Bills
• Issuing back-to-back letters of credit
Export Business:

• Advising on Export letters of credit
• Structured Trade Finance: Purchase/Discount/Negotiation of Export bills.
• Finance available in USD, GBP and EUR.
• Handling Export letters of credit confirmation
• Purchasing/Discounting foreign currency cheques.
• Assignment of Export proceeds under Export letters of credit.
Fina Lease - Rwanda

The Fina Lease is a product designed as an alternative means to finance the purchase of equipment required for business. This product allows you to purchase equipment such as trucks, buses, factory equipment, medical equipment etc..
Features:

• Minimum amount of leasing facility; Rwf 500,000
• Maximum amount of facility dependent on ability of lessee to repay
• Minimum repayment period 1 year; Maximum repayment period 5 years
• Ownership retained with Fina Bank for the duration of the term period
• Lessee given option of purchase at nominal fee at the end of the lease period
• Comprehensive insurance to be undertaken by the Lessee for the duration of term period
Benefits:

• Immediate use of equipment ensured
• Fixed rate finance (allowing for fixed repayments throughout the lease period)
• Flexible repayments
• Maximum financing provided
• Equipment financed used as primary security
• Medium term financing
Fina Asset Finance - Uganda

This is a product for business owners who are eager to expand. Fina Bank finances the purchase of new / used motor vehicles, machinery, equipment and also the upgrade of existing equipment or vehicles.
Features:

• Loan Amount: From UGX 7,500,000
• Loan covers anything between 70% to 90% of total project costs
• Security: Existing and/ or acquired personal or business assets owned by the applicant or by Third Parties (Insured for the term of the loan).
• Corporate and personal guarantees of business owner(s)
• Interest: Interest is charged on a reducing principal balance
• Processing Fee: One time loan processing Fee of Kshs 8,000 for loans up to UGX 200,000 or 1% flat for loans over UGX 200,000
• Repayment Terms: Equal Monthly Instalments
• Repayment Period: Up to 60 months.
Branches in Kenya:

Kimathi Street Branch
FINA House, Kimathi Street
Telephone: +254 20 3284000
E-mail: banking@finabank.com

Westlands Branch
Apic Center, Mpaka Road
Telephone: +254 20 3741455
E-mail: westlands@finabank.com

Muthaiga Branch
Sharp Center.
Telephone: 3743365,3743371,3740312,3740313
E-mail:muthaiga@finabank.com

Lavington Branch
ABC Place, Waiyaki Way
E-mail: lavington@finabank.com

Industrial Area Branch
On the junction of Enterprise and Likoni Road near Caltex Petrol Station.

Ngong Road Branch
Piedmont Plaza, Ngong Road.
Tel: +254 020 3861563
E-mail: ngongroad@finabank.com

Gikomba Branch
Kens Metal Building
Tel: +254 20 - 6768515/6/7/8/9
E-mail: gikomba@finabank.com

Nakuru Branch
Giddo Plaza.
Telephone: +254 051-2213655, 2210925, 2210935
E-mail: nakuru@finabank.com

Eldoret Branch
Charotar Patel Plaza (2007)
Telephone: +254 053-2030921, 2030922, 2030923, 203024
E-mail: eldoret@finabank.com

Nanyuki Branch
Kenyatta Street
Tel: +254 062 – 32113, 32129, 32812, 32826
E-mail: nanyuki@finabank.com


Thika Branch
Kwame Nkrumah / Cross Road Roundabout
Tel: +254 067-20186, 20187, 20188, 20189, 20193
E-mail: thika@finabank.com

Mombasa Branch
Ambalal House, Nkrumah Road.
Telephone: +254 041-2225852
E-mail: mombasa@finabank.com
Branches in Rwanda

Head Office - Fina Bank Kigali
20 Boulevard de la Révolution
Tel: (+250) 598600
E-mail: banking@finabank.co.rw

Remera Branch
Tel: (+250) 0252 580551 / 2

Kibungo Branch
Tel: (+250) 0252 566393

Kibuye Branch
P. O. Box 331 - Kigali
Tel: (+250) 0252 568305

Gisenyi Branch
112, Rue de L'Aeroport, Gisenyi.
Tel: (+250) 0788302336

Ruhengeri Branch
Tel: (+250) 0252 546305
Branches in Uganda

Head Office - Fina Bank (Uganda) Ltd
Plot 7 Buganda road
Tel: +256 414 237284 / 237305
E-mail: banking@finabank.co.ug

Nakivubo Road Branch
Plot 34/38 Nakivubo Rd
Tel: +256 414 233813 / 233812
E-mail: banking@finabank.co.ug

Mbarara Branch
Plot 52/54 High Street
Tel: +256 485 421255 / 421246
E-mail: banking@finabank.co.ug