Dreams Need Growth

Acquire Moveable assets, Office equipment, developed land and machinery.

  • Quick Turnaround Period
  • Contract Flexibility
  • Flexible Repayment Period
  • Your Details Are 100% Secure

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.

  • Quick turnaround as we have our own credit committee.
  • Larger breadth of credit because we are not a bank
  • Increased contract flexibility because we are not a broker or a bank
  • We understand Technology Finance – for more than 20 years

How it Works?

Getting an Asset Finance

  • Online Application Identify the Asset and Fill in the application Form.
  • Submit Required Documents Submit your ID Copy, Logbook Copy 6 Months bank/M-Pesa statement , Title deed, Proforma Invoice incase of machines.
  • Checking Your Application We'll Review Your Affordability & Conduct Our Checks
  • Get Your Money If Your Application Is Successful, the we will go ahead and purchase the asset*

Eligibility

  • Logbook for the Car
  • Vehicle 8 Years and below
  • Title Deed for the Land
  • 6 Months bank/Mpesa statement
  • Maximum Tenure is 18 months
  • PD Cheques
  • Valuation report
  • Sale Agreement

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?
  1. Dully filled application Form
  2. Log book for the MV being purchased (self securing).
  3. Title Deed for the Land.
  4. Vehicle 8 Years and below
  5. 6 Months bank/Mpesa statement.
  6. Comprehensive insurance.
  7. Client to place the deposit with IAF.
  8. 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.