Asset Finance

Pay 50% of your desired asset and have it with the Afroteller Asset finance loan.


For a client to qualify for the product

  • Must be an adult between 24 -60 years of age as a first-time borrower.
  • Should have affordability to repay the loan advanced including interest and any fees.

Requirements.

Below are some of the requirements for Individuals and Companies:

Individual

  • Posses 50% cash value of the asset you intend to purchase
  • Copy of original National ID or Passport – Mandatory.
  • TIN / TIN Certificate – Mandatory at loan completion.
  • Current passport photo – Mandatory
  • 6 months Bank statement – Mandatory
  • 3-6 months mobile money statements – Upon request
  • Completed probation period for salary earners or a valid employment contract.
  • Personal post-dated cheques / Current account.
  • CRB – Upon request.

Companies

  • Posses 50% cash value of the asset you intend to purchase
  • Certificate of incorporation
  • Certified MEMATS
  • Authority to borrow- Certified
  • TIN/ URA TIN Certificate
  • Bank mandate (if the director is using company statements to borrow