Morning Team

I am looking for the best bank for an SME account. I would like a bank that will be able to support me grow my biz after like 6 months of faithful banking with them

I am told Equity or Barclays

Anyone who knows if KCB or Stanchart have such an account

Which would offer me the best service,product or loans and support to grow into the big league?

Thank you in advance


Jesus,make me a blessing to my family and my country Kenya

I swear by Equity. Go for Equity.

The problem with equality is that we desire that it be with those that have more than us rather that those that have less

Boss,I dont know about barclays but for sure I know Kcb is very friendly to SME's.

Be greedy when others are fearful,be fearful when others are greedy.

Try Family Bank,they have good affordable products as long as your turnover is good.

I'd also go with Family,I've been with them for so long they should probably be paying me. These guys are very flexible and understand 'your' business,but be sure they'll visit your place of business to check you out
When evaluating a bank; look at how well they treat you and who their clientele is. In most cases if you're small and starting out the big banks won't even look at you. CFC is also good but their interest rates are horrendous. Went there for Asset financing and although they approved my application I rejected it based on the rate.
Happy hunting

Have you tried ABC bank or Chase bank? Affordable and personalised business. I use chase but i know both to be flexible

ikeepmyteethinthejarbesidethebed

For the account i would suggest CFC or KCB. Get to build a relationship with them through an investment or current account then later go for the loan.
9 OUT OF 10 OF WISDOM CONSISTS IN BEING WISE IN TIME.

I would advice you to go to Family Bank. They can build you from the scratch if they see that you have the potential. Just maintain a good account where you will be making frequent deposits and withdrawal in the course of the month.The problem with Equity is that what they do is just dishing out money rather than prudent lending. Family bank won't ask you about security coz it comes last, that first thing they first look at your potential to repay the amount that will be loaned to you.

cfc was good... cfc stanbic? bure kabisa...

Other banks are growing but cfc stanbic is shrinking as customers bail...

i would suggest you go with kcb - get into biashara club. i was with coop who required i bank for at least 6 months, but after a yr they wouldn't look at me. then i moved to equity and became a member, but was shocked to realise they're the most expensive bank for an sme!! they charge 3 times for a check book, will pass the cost of searching the co. registration details to you (i never experienced this with kcb or coop), and many more. when i went to ask for lpo financing (which they had said takes only 3 days to process, i stayed for 2 weeks without response only to be told by credit officer that i hd to bring colateral, so i wondered what for since the lpo is financing itself...in kcb i bankd for 5 months and accessed over a mili for working capital using an lpo with no extra cost!!! you just need to create a very good working r/ship with the branch guys and they'll push your facility for you like their life depends on it...and they also hv overseas biz trips and local seminars! they took me to china last yr oct for a trade fair at a very decent all-inclusive cost..