Exploring 20 Major Sources of Finance for Business

Updated on July 6, 2024 – Added ten major sources of finance for business. Also FAQs for unanswered questions. In this article, we will look at the 10 major sources of finance for business. We all dream of being our own bosses sometime. When its time, you will wonder about the 10 major sources of … Read more

What is a Local Purchase Order? [Key Facts and Details]

What is a Local Purchase Order & how to get started

Updated on June 29, 2024: Added detailed information about key components of a local purchase order, the purpose of a local purchase order, challenges and limitations, how a local purchase order works, and the benefits of using local purchase orders. In simple terms, a Local Purchase Order better known as LPO is a commercial document … Read more

Top ICO-Backed Blockchain Startups To Look Out For

It can get really hectic to sort out which projects which have solid value propositions as well as realistic implementation techniques/timelines. This is because with hundreds of ICOs completed and many more still ongoing/planned. In this post, we outline some blockchain startups that have been funded by ICO crowd sales which are expected to make … Read more

10 Tips for SME Financing in Kenya

Being an entrepreneur and a small business owner is all about following your dreams, being independent, and calling your shots. In this article, we give you tips for SME financing in Kenya. Being a small business owner is, however, also about being responsible, which means keeping a tight grip on your company’s financial situation. SME … Read more

The Best 6 Short Term Sources of Finance

Short Term Sources of finance

Short term sources of finance are quite varied. They range from getting loans from friends to getting unsecured loans from banks or even a Sacco. In this article, we will talk about everything you need to know about short term sources of finance. Most businesses at the moment are running under very hard conditions. There … Read more

Top 7 Long Term Sources of Finance in Kenya

Long term sources of finance

Have you ever wondered what the long term sources of finance in Kenya might be. In our article today, we will discuss top 7 sources of long term finance in Kenya. We will discuss each source in details and outline the benefits of using the said source. Let’s begin with defining the term ‘Long term … Read more

Top 6 Most Active Venture Capital Firms in Kenya

Venture Capital Firms in Kenya

Are you looking for venture capitalists in Kenya? Here is a list of venture capital firms in Kenya. Top Venture Capital Firms in Kenya Novastar Ventures Ltd Fanisi Capital Ltd Safaricom’s Spark Fund ViKtoria Ventures Savannah Fund Afvest Invest Let’s dive into details. Many companies in Kenya are at the startup phase and are currently … Read more

Top Sources of Business Finance

Business financing has always been a topic of concern for many business owners. In today’s article, we will discuss the top sources of business financing in Kenya in details. We will divide these sources on three major categories based on whether they are long term, medium term or even short term sources. Sources of Business … Read more

Invoice Discounting in Kenya and How it Works

Invoice Discounting in Kenya

In this article, we discuss invoice discounting in Kenya and how it works. What is Invoice Discounting in Kenya? Invoice discounting is the practice of using a company’s unpaid accounts receivable as collateral for a loan, which is issued by a finance company. This is an extremely short-term form of borrowing since the finance company … Read more

Where Can I Get LPO Financing in Kenya

LPO Financing In Kenya

LPO Financing in Kenya means Local Purchase Order. It allows businesses to carry out contractual work as well as deliver on goods and services if they have obtained purchase orders or a letter of award. Vendors and contractors in reputable organizations can obtain capital through LPO Financing. With ut, they can execute work orders and … Read more