SME Loans

About SME Loans

Ascensia SME Loans provide fast, flexible financing designed to help small and medium-sized businesses grow and stay competitive. With simplified requirements, quick processing, and tailored loan options, Ascensia supports entrepreneurs with the capital they need for expansion, working capital, equipment purchase, inventory, and other business needs. The goal is to empower SMEs with accessible funding that drives stability, innovation, and long-term success.

Eligibility Criteria

✅ Must be 21 years and above
✅ Salaried individuals, professionals, SMEs, or business owners
✅ Minimum 6 months income history (employment or business)
✅ Applicants must have an active bank account with consistent transactions.
✅ Clean credit bureau report

Required Documents

✅ Valid Means of Identification (National ID, Voter’s Card, Driver’s License, or International Passport)
✅ Proforma Invoice from approved merchant for the asset to be identified
✅ Proof of Income (6 month Bank Statement )
✅ Utility Bill (Not older than 3 months)
✅ Passport Photograph
✅ Bank Statement (Minimum of 3 months)
✅ Guarantor (for employees whose are employers on not on pre- approved employee list, SME and non salaried individuals)
✅ Employee identification card & work e-mail