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Tuesday, 11 October 2016 18:43

Personal Car Loans

A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.

Personal Car Loans
Personal Car Loans

Features and Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • No penalty for early repayments
  • Repayment period of up to 48 months
  • Up to 90% financing for new vehicles and 70% financing for second hand vehicles

Qualifying Criteria

  • Copy of ID and PIN
  • Bank statement for at least six months
  • Vehicle to be fitted with anti-theft device
  • Pro forma invoice from dealer/vendor
  • Vehicle to be fitted with anti-theft device
Published in Loans
Tuesday, 11 October 2016 18:37

Asset Finance for PSV

A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.

 

Personal Car Loans
Asset Finance for PSV

Features and Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • No penalty for early repayments
  • Repayment period of up to 48 months
  • Up to 70% financing •

Qualifying Criteria

  • The applicant must be a member of a reputed PSV Sacco
  • The vehicles should be under warranty period of 2 years
  • The applicant should have been in business for a minimum period of 2 years and have at least one PSV vehicle
  • All invoices should include tracking device costs
  • Vehicle to be fitted with anti-theft device
Published in Loans
Monday, 03 October 2016 06:35

Asset Finance for Schools

A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.

asset finance

Features and Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • No penalty for early repayments
  • Repayment period of up to 48 months
  • Up to 90% financing

Qualifying Criteria

  1. School board minutes approving purchase of the bus
  2. Relevant consent from regulatory bodies
  3. School registration certificate issued by Ministry of Education
  4. Bank statement for one year
  5. Cash flow projections for at least one year
  6. Evidence of actual annual revenue collections
  7. Vehicle to be fitted with anti-theft device
Published in Loans