Asset Finance
Asset Finance allows you to buy or lease equipment without compromising your cash flow. You can use it to invest in new or second hand assets.
BENEFITS
The perfect account for your business!
At CIB Kenya, we’re committed to creating responsible finance solutions helping customers to spread the cost of your assets over time without having to make a large upfront investment.
Borrow
Borrow 90% of the purchase price for the asset
insurance
Asset to be fully insured by an Insurance company in the Bank’s Panel
Flexibility
Select repayment terms that suit your budget
Lending Ratings
Competitive lending rates for foreign currency
No Penalties
Repay your loan sooner by making additional repayments without penalty
Relationship Manager
Enjoy personalized services through our dedicated team of relationship managers
FEES & CHARGES
The account fees and charges
Asset Finance Tariff Guide to Fees & Charges
CIB Tariff Guide
456.9 KB
REQUIREMENTS
Discover the required documents needed
to open the account
Required Documents
- Copy of ID/Passport
- Copy of Pin Certificate
- Latest pay slip
- Latest 6 months Certified Bank Statements
- Proforma Sales Invoice
- Copy of Logbook
- Valuation Report for used Vehicle(s) from AA valuers or Regent