Get the full backing of our Asset financing expertise to grow your business as far as your imagination can go. Whether you are setting up a new plant, expanding your distribution and logistics capacity, our asset financing facilities are designed to ensure that your business gets the right tools for the job.
Asset Financing
- The minimum facility is Kshs. 100,000
- Insurance Premium Financing available
- Age of vehicles: 7 years and below
- Used vehicles: Up to 80 % financing for 48months
- New vehicles: Up to 80% financing for 60months
- Machinery – 50% (new)
- New trucks/trailers – 80% max
- Pick-ups and personal vehicles – 80% max
- Used trucks/trailers – 70% (up to age: 7 years and below)
- Machinery – 50% (new)
- Certified bank statements for 12 months
- ID & PIN of owners
- Certified copies of the PIN for the business
- Copy of Lease/Proof of location of the business
- VAT certificates where applicable
- Current business licenses
- Pro-Forma invoices
- Audited financial statements for facilities above Kshs. 20,000,000.
Additional Requirements:
Limited Companies
- Memorandum & Articles of Association
- Certificate of Incorporation
- Latest annual returns and filing receipts.
Sole Proprietorship
- Certificate of registration