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FINA BUSINESS ASSET FINANCE (HP)

The way in which you finance the purchase of your special machinery, motor vehicles & trucks fleet can have a considerable impact on your business’s cash-flow.

If you need to invest a large amount of your capital in this area, Fina Bank provides the ultimate Fina Asset Finance Solution to drive your business forward.

 

 

Loan Amount Minimum KES 200,000.
Security The machinery purchased will form the ONLY tangible security required by the Bank.
Term Usually upto 36 monthly installments
Interest Rate Type Fixed Interest Rate, on a Flat Rate Per Annum Basis
Repayment Terms Monthly installments
Terms of Operation
  1. Maximum 80% of total costs can be financed by the Bank
  2. Minimum 20% of total costs will be financed by the buyer of the goods.
Requirements
  1. Hire Purchase Application Form completed by the buyer together with Letter requesting for facility
  2. Pro-forma Invoices in Joint Names of the Buyer and the Bank
  3. Evidence of ability to repay the debt.

 Download the Asset Finance Brochure in PDF Download Acrobat Reader       Download Acrobat ReaderDownload Acrobat Reader