Compare business loans in Zimbabwe

By the Rateweb editorial team · How we rate · Product details checked 19 Jul 2026

Compare business and SME funding from Zimbabwe's RBZ-licensed banks and microfinance institutions on amount, term and cost. As with personal loans, few lenders publish a full rate upfront — get the total cost of credit in writing, and check whether a concessional or sector-specific facility (like an export- or women-led-business fund) applies to you before taking a standard-rate product.

⭐ Ratings & awards are Rateweb's independent editorial opinion — how we rate.

🎯 Not sure which is right for you? Get a personalised plan ranked for your situation. Get my plan →
Filter & sort
5 results
Longest term

CABS SME Loan

An Old Mutual group SME loan with the longest repayment term compared here (36 months) and a bundled staff Employee Benefits package — useful if retaining staff is part of your growth plan.
★★★★☆
3.9/5 · How we rate
$5,000 – $50,000
Loan Amount
36 months
Term
Not published — get a written quote
Interest Rate
Bundled Old Mutual Employee Benefits package for staff
Extras
CABS (Old Mutual group) — licensed building society (RBZ), DPC member
Licence
Longer-term financing with a staff-retention angle
Best For
Pros
  • Longest term of the lenders compared here, easing monthly cash flow
  • Employee Benefits package adds real value beyond the loan itself
  • Backed by the long-established Old Mutual group
Cons
  • No published interest rate — get the total cost in writing
  • Requires a verified CABS account and a business proposal
  • Approval needs proof of ability to repay, not just an application
Visit CABS Full details & review →
Best for women-led SMEs

Stanbic Bank Business Loans

A full product range (term loans, capital equipment, invoice financing, asset finance, working capital, overdrafts) plus a real EUR20 million Stanbic/EIB Global concessional credit line specifically for SMEs and women entrepreneurs.
★★★★☆
3.9/5 · How we rate
Term loans, capital equipment, invoice financing, asset finance, working capital, overdrafts
Products
EUR20m Stanbic/EIB Global credit line for SMEs and women-led businesses
Concessional Option
Not published as a single figure — varies by product
Interest Rate
Stanbic Bank Zimbabwe — licensed commercial bank (RBZ), DPC member
Licence
Women entrepreneurs and SMEs wanting concessional-rate access
Best For
Pros
  • Widest product range of the lenders compared here
  • A genuine concessional facility exists for women-led/women-employing SMEs
  • Backed by international development-finance partnership (EIB Global)
Cons
  • No published standard rate for the general product range
  • Concessional credit line eligibility criteria need checking directly
  • A large international bank's process can be slower than a microfinance lender
Visit Stanbic Bank Business Full details & review →
Best for exporters

Ecobank Zimbabwe SME Export Facility

A real, current US$15 million SME Finance Facility from Afreximbank, channelled through Ecobank specifically for SMEs in export value chains — agribusiness, manufacturing, healthcare and logistics.
★★★★☆
3.7/5 · How we rate
US$15 million (Afreximbank-backed, May 2026)
Facility Size
Agribusiness, manufacturing, healthcare, logistics (export value chains)
Target Sectors
Working capital and capital expenditure financing
Purpose
Ecobank Zimbabwe — licensed commercial bank (RBZ), DPC member
Licence
Export-oriented SMEs specifically — not a general-purpose business loan
Best For
Pros
  • A real, currently-active concessional facility, not a generic product
  • Backed by Afreximbank's continental trade-finance mandate
  • Targets sectors (agribusiness, manufacturing) with real Zimbabwe export activity
Cons
  • Narrow eligibility — export value-chain SMEs specifically, not general business
  • Amount, term and rate for an individual loan under the facility aren't published
  • Confirm current facility availability directly before assuming access
Visit Ecobank Zimbabwe Full details & review →

NMB Bank SME Working Capital

Short-term working capital, overdrafts, order financing and invoice discounting up to 6 months — fast-cycle funding, but the reported rate (up to 65%) is high and the source did not specify the period, so confirm before assuming an annual figure.
★★★☆☆
3.4/5 · How we rate
Working capital, overdrafts, order financing, invoice discounting
Products
Up to 6 months
Term
Reported up to 65% — period not specified, confirm directly
Interest Rate
NMB Bank — licensed commercial bank (RBZ), DPC member
Licence
Short, fast-cycle working-capital needs
Best For
Pros
  • Short 6-month cycle suits genuine working-capital needs, not long-term debt
  • Order financing and invoice discounting cover a real SME cash-flow gap
  • Full commercial bank backing
Cons
  • Reported rate "up to 65%" is high, and the period isn't confirmed — get this in writing before assuming it's annual
  • Short term means higher instalments for a given amount
  • No published amount range
Visit NMB Bank Full details & review →
Highest published rate — compare carefully

FBC Microfinance Business Working Capital

FBC publishes an actual rate range for this one — 5% to 12% PER MONTH — which, like its salary-based product, compounds to a genuinely expensive effective annual cost. Transparent, but work out the real total before committing.
★★★☆☆
3.0/5 · How we rate
Up to $50,000
Loan Amount
1–12 months
Term
5%–12% per month (published)
Interest Rate
Income-generating activities for individuals and SMEs
Purpose
RBZ-registered microfinance institution (FBC group)
Licence
Very short-term needs only, given the published monthly rate
Best For
Pros
  • Publishes an actual rate, unlike most competitors here
  • High amount ceiling ($50,000) for a microfinance lender
  • Flexible short term (1-12 months) for genuinely short needs
Cons
  • 5-12% PER MONTH compounds to a very high effective annual cost
  • The published range is wide — you won't know your specific rate until you apply
  • Best suited to very short cash-flow gaps, not medium-term investment
Visit FBC Microfinance Full details & review →

Ratings are Rateweb's editorial opinion. Product details can change — always confirm with the provider before applying. Rateweb may earn a commission on some applications. This is general information, not financial advice.