Asset Financing loans

Asset Financing loans

by admin

At U & I Microfinance Bank  we offer asset financing loans to help businesses obtain the equipment they need to grow. Our range of products will help you fund your business equipment / vehicle needs.This loan is given for purchase of land, motor vehicles, Trucks, Buses, Pickups, Taxis.  

Features
  • Financing of up to 80% for new vehicles and 70% for others
  • Financing of up to 50% for land
  • Repayment period of up to 36months
  • Individuals qualify based on ability to service the loan.
  • Asset forms part of security.
 Benefits
  • Easy and flexible security requirements.
  • Fast processing of loans.
Requirements
  • Filled in U&I Loan application form
  • Copy of national ID card
  • U&I Bank statements
  • Passport photo
  • KRA pin copy
  • Profoma Invoice from the seller
  • Valuation report from our valuer

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