Banks in Kenya reject the majority of business loan applications — not because the businesses are bad, but because the supporting plans are weak. A bankable business plan demonstrates that you understand your market, your numbers, and your risks. Here's what to include.
Executive Summary
Write this last. It's a one-page overview of the entire plan: what you do, how much money you need, how you'll use it, and how you'll repay it. It's the first thing the credit officer reads, and often the last if it's poor.
Financial Projections
This is the heart of a bankable plan. Banks want to see three years of: monthly cash flow statements, income statements, and balance sheets. The projections must be built on realistic assumptions with sensitivity analysis (what if sales are 20% below target?).
Loan Repayment Analysis
Show explicitly how the loan will be repaid — from which cash flows, in which months. Banks use Debt Service Coverage Ratio (DSCR = net operating income / debt service) — anything below 1.25× is a red flag.
What Kenyan Banks Look For
- Tax compliance certificate (KRA)
- Two years of audited accounts
- Management accounts for the last 6 months
- Bank statements for 12 months
- Security / collateral documentation
Avatechtax prepares bankable business plans and financial models as part of our Growth Advisory package (KSh 48,000). Start your application.
