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Asset Financing Loan
OVERVIEW
Loan to acquire assets as per the schedule provided.
Features
- Assets can be movable & immovable.
- Asset terms guided by the current guidelines given from time to time, as well as any existing MOU.
- Loan term is up to 3 years.
- Disbursement in cheque drawn in favour of the dealer.
Requirements
- Client to finance 10% - 40% depending on age of asset.
- Up to 6 months account bank / mpesa statements.
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Security:
a) Asset comprehensively insured.
b) Asset documents lodged with the DCL lending department.
c) Guarantors.
d) Assured insured.
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