LendRate provides LPO (Local Purchase Order) financing for Kenyan SMEs, enabling you to access working capital against confirmed purchase orders. This allows you to fulfil orders without relying on traditional loans or heavy collateral.
You'll need a registered Kenyan business with a KRA PIN, basic business documentation, and a purchase order from a buyer. Additional details may be requested during onboarding.
Purchase orders from established and verifiable buyers are typically eligible. Each transaction is reviewed to ensure it meets the required criteria
Funding timelines depend on the review of your purchase order, buyer details, KYC checks, and supporting documents. LendRate will update you once your request has been assessed and is ready for the next step.
No. LendRate's model is based on confirmed purchase orders rather than traditional collateral. Your order – not your assets – forms the basis for accessing capital.
Lendrate has a profit calculator that limits our profit offtake to 30%, and we negotiate the rate with the SME based on their financing requirements and estimated repayment period. The aim is to provide accessible, transparent financing aligned to your business needs.
Repayment is tied to the underlying purchase order. Once your buyer pays for the delivered goods or services, the agreed amount is used to settle the transaction.
Lendrate is designed to work alongside your existing commercial arrangements. In some cases, minor adjustments may be made to the payment flow to support the transaction, but these are structured in a way that aligns with your buyer relationship and are agreed upfront.
Yes. As you successfully complete transactions, you can continue accessing financing for new purchase orders over time
Yes. A CRB listing does not automatically disqualify you. LendRate reviews each request fairly and on a case-by-case basis, considering your overall risk profile, purchase order, buyer details, and supporting documents. If approved, your CRB status may affect the rate or terms offered.
Each opportunity is tied to a confirmed purchase order and structured around a specific transaction. Business and purchase orders are reviewed before opportunities are made available on the platform.
Investors earn returns by participating in opportunities tied to confirmed purchase orders. Returns are paid as the underlying transaction is completed and repaid, in line with the structure of each opportunity.
Each transaction is reviewed based on the business, the purchase order, and the underlying buyer to ensure it meets the platform’s criteria before being made available to investors.
Yes. Investors review available opportunities and choose which transactions to participate in, rather than contributing to a pooled fund.
Opportunities are funded on a first-come, first-served basis and may close quickly once fully subscribed. We recommend checking the platform regularly for new opportunities.
The minimum amount is Ksh 300,000. Investors can participate across multiple opportunities to build exposure over time.
Each opportunity has a defined duration linked to the underlying transaction. Investment periods typically vary depending on the purchase order and the expected repayment timeline, but never exceed 6 months
Each opportunity is structured around a confirmed purchase order and reviewed before being made available. In cases where repayment is delayed or not completed, recovery processes are initiated in line with the transaction structure.
Each investment is tied to a specific transaction and cannot be withdrawn before completion.
Investors and suppliers are limited to one account only.
LendRate manages investor-SME interactions through the platform to ensure proper documentation, payment tracking, transaction oversight, and a clear record for all parties.
In some cases, yes. Supplier accounts are generally limited to businesses or registered organisations, while investor accounts may be opened by individuals or groups. Where the same person or organisation is linked to both roles, LendRate will review the profiles separately and may apply additional checks to manage potential conflicts of interest.