PRODUCTS

Asset Finance

This is a facility designed to provide our customers with a convenient solution to purchase vehicles, equipment , plant, machineryand other assets for business.

Features

  • Up to 80% financing*
  • Maximum repayment tenor up to 72 months*
  • Financing of assets such as PSVs and Medical Equipment now available
  • Quick turnaround time

Requirements

  • A formal application duly signed by the Customer
  • Copy of ID/ PIN for Customer/ Company Directors
  • Certified copies of the last 6 months bank statement for multi banked customers and new to bank customers.
  • KRA pin
  • Next of kin details
  • In addition to the above, the bank will require the following for used vehicles:
  • Sale agreement between seller and buyer
  • Valuation report (From the bank's approved list of Valuer's)
  • Logbook copy
  • Seller’s identification & PIN copy

* Terms & Conditions apply

*CBKL General Terms and Conditions For Lending

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