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Why Asset Finance from Indo Africa?
What differentiates Our Asset Finance from our competition? The key is our proven, customized approach to financing and leasing. With a clear understanding of your business and market trends, our program is specifically structured for each organization and your sales processes.
Our superior service is a result of.
Top questions people ask us about Asset Finance
What is a Asset Finance ?
The purpose of the loan is to help the borrower acquire movable assets, Office equipment, and machinery.
What is the maximum amount Loan
Currently the maximum Amount disbursed for a Asset Financing is Kenya Shillings 1,000,000
Can you tell me how to apply for a loan?
- Dully filled application Form
- Log book for the MV being purchased (self securing).
- Title Deed for the Land.
- Vehicle 8 Years and below
- 6 Months bank/Mpesa statement.
- Comprehensive insurance.
- Client to place the deposit with IAF.
- PD cheques for loan repayment
When will I receive my money?
On asset finance does not apply as we pay the supplier directly.
Will I need a credit check?
No credit checks will be done though following Security might be requied.
- Logbook jointly registered in favor of IAF.
- PD Cheque equivalent to the monthly installment drawn in favor of IAF.
- Chattel Mortgage registered with the Sheria.
