In Kenya, the Kenya Revenue Authority (KRA) plays a pivotal role in revenue collection and tax administration. Before diving into the process of applying for a Personal Identification Number (PIN), […]

Closing your business is a significant decision accompanied by several important tax and legal obligations. Whether due to retirement, market conditions, or other reasons, shutting down operations requires careful attention […]

A business line of credit is a financial tool that provides companies with flexible access to funds for various business needs. Unlike a traditional term loan, where the borrower receives […]

Choosing between a traditional term loan and an SBA (Small Business Administration) loan can be a pivotal decision for businesses seeking funding. While both loan types offer significant benefits, they […]

Recourse loans and non-recourse loans are two distinct types of financing arrangements, each with its own set of benefits and risks. Understanding the differences between them is crucial for borrowers […]

An unsecured business loan is a financial product offered by lenders to businesses without requiring any collateral. Unlike secured loans, which are backed by assets like real estate or equipment, […]

A non-recourse loan is a type of loan secured by collateral, typically real estate, where the borrower is not personally liable for repayment. In other words, if the borrower defaults […]

A Standby Letter of Credit (SBLC) is a financial instrument used in international trade and other business transactions to provide a guarantee of payment to a beneficiary if the applicant […]

In Kenya, the Certificate of Incorporation is a crucial document that signifies the legal existence of a company. It is obtained through a formal registration process with the Kenyan government, […]