Refinancing your Business Assets

Asset finance involves either funding the purchase of a new asset e.g. vehicles or machinery or it can also include raising working capital by refinancing against your existing asset (using your assets as security). 

Refinancing assets is emerging as a popular option for small businesses who would not qualify for unsecured loans. Banks may also ask for exorbitant security for their business loans, thus locking out the new entrepreneur seeking a small cash infusion to expand their production and marketing.

Read more http://www.yipekenya.org/Asset.htm

InvesteQ Capital Entrepreneurship Competition

InvesteQ Capital is a 7 year old company whose focus is to provide financing solutions to SMEs in Africa. The InvesteQ Capital Entrepreneurship Competition is a business plan competition preparing Kenyan SMEs for finance.

Eligibility

• Kenyan businesses registered in Kenya
• Financing requirement is between US$ 10,000 and US$ 1,000,000
• You aim to be profitable in the next three years.
• Your business is a growth business with a yearly growth rate in sales and/or employees of 30% annually.

For more information, visit http://www.yipekenya.org/InvesteQ Capital Entrepreneurship Competition.htm

Private Sector Window of G-20 Food Security Initiative Call for Proposals

The Private Sector Window of the G-20 Global Agriculture and Food Security Program, administered by IFC, has launched an initial call for proposals from private sector firms and financial institutions seeking financing for agricultural projects in low-income countries.

This call is the first effort to identify opportunities to supply financing for investment and advisory programs for small farmers and small and medium enterprises that typically have difficulty attracting commercial financing. 

For more information, visit http://www.yipekenya.org/Private Sector Window of G-20 Food Security Initiative Call for Proposals.htm