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.
- 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.
- Easy and flexible security requirements.
- Fast processing of loans.
- 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