Have a go at our SME Loans curated for you.

Kyte Purchase Order

Kyte Purchase Order is reliable financing support for businesses seeking the financial
assistance required to procure goods and services. Our comprehensive trade finance
solutions encompass letters of credit, trade loans, and import/export financing. With
these options, you can finance purchases from domestic and international suppliers, as
well as facilitate seamless trade transactions between buyers and sellers. Kyte
Purchase Order strives to be your one-stop shop for all your business financing needs.

Kyte Inventory Finance

Kyte Inventory Finance is your go-to solution for financing inventory needs. Our tailored inventory financing options empower businesses to purchase and maintain the inventory required to meet customer demand and foster growth. With Kyte Inventory Finance, you gain access to flexible short-term and long-term loans, as well as lines of credit, enabling you to procure inventory as needed. Our solutions cater to businesses of all sizes, ranging from small retail shops to large manufacturers, ensuring effective and efficient inventory management. Utilize our Inventory Financing Loan for various purposes, including:

● Purchasing inventory from suppliers
● Maintaining optimal inventory levels during seasonal fluctuations
● Managing inventory efficiently during periods of growth
● Financing the acquisition of raw materials for manufacturing products
● Kyte Inventory Finance supports your inventory management goals, helping your business thrive in a dynamic market environment.

Kyte Asset Finance

Kyte Asset Finance is an asset finance service designed to provide loans and leases for businesses of all sizes, enabling them to purchase or lease essential assets such as equipment, machinery, vehicles, and real estate. Kyte Asset Finance is committed to meeting your financing needs, and helping your business thrive. Whether you’re a small
business seeking to finance a single asset or a large corporation with ongoing asset financing requirements, our solutions are tailored to support your growth. Acquire the necessary equipment, machinery, vehicles, or real estate for your business’s success with Kyte Asset Finance by your side.

Requirements

For Structured SMEs

● Valid Means of Identification
● Duly signed valid Post-dated Cheques / Standing Orders
● 12 months business account bank statement
● Availability of at least 2 guarantors
● Business registered in Lagos
● Completed loan application form
● Provision of acceptable collateral
● Payment of non-refundable registration fee
● Provision of a 3-year audited financial statement
● Duly executed Credit Contract
● Incorporation Documents

For Self-Employed Individuals

● Valid Means of Identification
● Duly signed valid post-dated Cheques/Standing Orders
● 12 months bank statement – business account
● Availability of at least 2 guarantors
● Business registered in Lagos
● Completed loan application form
● Provision of acceptable collateral
● Payment of non-refundable registration fee
● Provision of 1-year audited financial statement.
● Duly executed Credit Contract
● Provision of Incorporation Document

Frequently Asked Questions

How long does it take to get approved for a consumer loan?

Of course, you can! We support making a strong bond with your loved ones even if you are staying away from them. Any type of food from your home is allowed.Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

What happens if I miss a payment on my consumer loan?

Of course, you can! We support making a strong bond with your loved ones even if you are staying away from them. Any type of food from your home is allowed.Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Can I pay off my consumer loan early?

Of course, you can! We support making a strong bond with your loved ones even if you are staying away from them. Any type of food from your home is allowed.Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

What happens if I can't repay my consumer loan?

Of course, you can! We support making a strong bond with your loved ones even if you are staying away from them. Any type of food from your home is allowed.Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Can I apply for a consumer loan while being a guarantor for an existing facility?

Of course, you can! We support making a strong bond with your loved ones even if you are staying away from them. Any type of food from your home is allowed.Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Requirements

For Structured SMEs

● Valid Means of Identification
● Duly signed valid Post-dated Cheques / Standing Orders
● 12 months business account bank statement
● Availability of at least 2 guarantors
● Business registered in Lagos
● Completed loan application form
● Provision of acceptable collateral
● Payment of non-refundable registration fee
● Provision of a 3-year audited financial statement
● Duly executed Credit Contract
● Incorporation Documents

For Self-Employed Individuals

● Valid Means of Identification
● Duly signed valid post-dated Cheques/Standing Orders
● 12 months bank statement – business account
● Availability of at least 2 guarantors
● Business registered in Lagos
● Completed loan application form
● Provision of acceptable collateral
● Payment of non-refundable registration fee
● Provision of 1-year audited financial statement.
● Duly executed Credit Contract
● Provision of Incorporation Document

Requirements

For Businesses

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors (Director, Top management staff)
● DSR within 33.3%
● Evidence of 30% down payment
● Business registered in Lagos
● Request letter (In the company’s letter)
● Duly signed valid post-dated cheques/standing order
● Duly executed terms and conditions agreement
● Incorporation documents
● Payment of non-refundable registration fee (N5,000)
● 3 years of audited financial statement
● 12 months bank statement.

Requirements

For Salary Backed Individuals

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors
● DSR within 33.3%
● Concurrence of employer’s HR for salary-backed loans
● Evidence of 30% down payment
● Resident in Lagos
● Payment of non-refundable registration fee (N1,000)
● Proforma invoice from a vendor
● Duly executed terms and conditions agreement

For Self-Employed Individuals

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors
● DSR within 33.3%
● Evidence of 30% down payment
● Business registered in Lagos
● Duly executed terms and conditions agreement
● Duly signed valid post-dated cheques/standing order
● Request letter (In the company’s letter)
● Payment of non-refundable registration fee (N5,000)
● Incorporation documents
● 1-year audited financial statement.
● 12 months bank statement

For Businesses

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors (Director, Top management staff)
● DSR within 33.3%
● Evidence of 30% down payment
● Business registered in Lagos
● Request letter (In the company’s letter)
● Duly signed valid post-dated cheques/standing order
● Duly executed terms and conditions agreement
● Incorporation documents
● Payment of non-refundable registration fee (N5,000)
● 3 years of audited financial statement
● 12 months bank statement.

Requirements

For Salary Backed Individuals

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors
● DSR within 33.3%
● Concurrence of employer’s HR for salary-backed loans
● Evidence of 30% down payment
● Resident in Lagos
● Payment of non-refundable registration fee (N1,000)
● Proforma invoice from a vendor
● Duly executed terms and conditions agreement

For Self-Employed Individuals

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors
● DSR within 33.3%
● Evidence of 30% down payment
● Business registered in Lagos
● Duly executed terms and conditions agreement
● Duly signed valid post-dated cheques/standing order
● Request letter (In the company’s letter)
● Payment of non-refundable registration fee (N5,000)
● Incorporation documents
● 1-year audited financial statement.
● 12 months bank statement

For Businesses

● Valid Means of Identification
● Completed loan application form
● Availability of at least 2 guarantors (Director, Top management staff)
● DSR within 33.3%
● Evidence of 30% down payment
● Business registered in Lagos
● Request letter (In the company’s letter)
● Duly signed valid post-dated cheques/standing order
● Duly executed terms and conditions agreement
● Incorporation documents
● Payment of non-refundable registration fee (N5,000)
● 3 years of audited financial statement
● 12 months bank statement.

Requirements

For Individuals

● Valid Means of Identification
● Salary paid for the last 3 months
● DSR within 33.3%
● Availability of at least 2 guarantors
● Concurrence of employer’s HR
● Completed loan application form
● Resident in Lagos
● Payment of non-refundable registration fee
● Provision of collateral for loans without HR’s concurrence
● Duly filled credit contract (For loans not backed by HR’s conjunction)