ASSET FINANCE

We offer financing to purchase tangible assets to our members. The most common assets financed under this product include land and buildings, motor vehicles, heavy machinery, motor cycles among others.

Characteristics of Asset Finance

  1. Maximum qualification of Ksh 6,000,000
  2. 14 days processing duration
  3. Collaterals include the document of title for the asset being financed
  4. Maximum qualification of 3 times the accumulated deposits. Note that the multiplier factor is reviewed from time to time for this product
  5. 12% per annum interest rate on reducing balance