• Cardinal Otunga Plaza
  • 8:00am to 4:30pm, Mon-Fri 8:00am-12:00pm, Sat

Asset Finance Loan

Target Customer & Purpose
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  • The facility is aimed at addressing asset acquisition needs of the business.
  • These include both commercial and personal use motor vehicles, construction equipment and heavy duty plant machinery.
Features
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Motor vehicles

  • Financing upto 70% for used vehicles below eight (8) years
  • Upto 90% financing for zero mileage vehicles
  •  Financing up to 100% for school buses
Features
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Machinery

  • Upto 70% financing
Benefits
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  • Affordable interest rates
  • Approvals within 48hrs
  • Wide range of acceptable vehicle models
Requirements
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  • Open Caritas MFB account
  • National ID/Valid Passport
  • KRA PIN Certificate
  • Duly filled loan application form
  • Six (6) months bank statement
  • Proforma invoice/ Executed sale agreement
  • Valuation report