Search
Import Duty holding you back?
Let us help you clear you Import Duty tax.
- Quick Turnaround Period
- Contract Flexibility
- Flexible Repayment Period
- Your Details Are 100% Secure
Why Import Finance from Indo Africa?
Our Import Finance purpose is to help borrower pay for clearance of duty to KRA for
motor vehicles bought mostly from Japan, Uk, Singapore etc.
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 Import Finance
- Online Application IFill in the application Form.
- Submit Required Documents Submit your ID Copy, KRA PIN, Import Documents, Copy 6 Months bank/M-Pesa statement.
- 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
- Evidence of payment of the unit (s) to overseas company).
- Deposit with IAF
- PD cheques for loan repayment.
- 6 Months bank/Mpesa statement
- Bill of Landing- Original Copy
- Export Certificate (Translated)
Top questions people ask us about Asset Finance
What is a Import Finance?
The purpose of the loan is to help the borrower pay for clearance of duty to KRA for motor vehicles bought mostly from Japan .
What is the maximum amount for Import Finance
- Maximum amount is 1,000,000.
- Based on duty clearance estimates from KRA calculator.
- Interest rate is 10% p.m
Can you tell me how to apply for an Import Finance
- Evidence of payment of the unit (s) to overseas company).
- 6 Months bank/Mpesa statement with demonstration of ability to pay from the
business. - Client to place the deposit with IAF.
- PD cheques for loan repayment.
When will I receive the money?
On Approval