Cheap asset financing loans in Kenya – Portal

With our experience in vehicle and asset finance, we offer competitive and flexible terms for our business customers. This loan facility assists clients to acquire equipment, machinery, vehicles and other assets at competitive interest and term rates.

Benefits

• Flexible repayment period.
• Low interest rate on a reducing balance.
• Fast processing.
• Free financial advice.
• Easy access to Emergency Loans, Quick cash Loan, School fees Loans within the repayment period.
• Access Mobile Loan up to 75% of your monthly installment.

Requirements

• ID & PIN copies (original ID to be provided for verification).
• Six months bank/ mpesa statements (or both if available).
• Business Records-Purchases/sales, utilities for traders/pay slips and appointment letters for employees.
• 2 Passport size photos for the applicant.
• Proforma invoice and sales agreement.
• Copy of logbook.
• Current valuation report for proposed asset from a service provider in our panel.

Loan Rates & Fees*

• Interest charged at 3.5% reducing rate.
• Application fee of KES 1500.
• Loan Processing Fee 3% up 12 months.
• Credit life 1.5% of the loan amount.