Select Country
What are you looking for?
Asset Finance
I&M Asset Finance
Imagine Asset Finance that turns your dreams into reality. Asset Finance product at l&M Bank covers all forms of business and personal assets, which are moveable in nature and Identifiable through a serial/registration number. This largely covers motor vehicles, machinery and equipment.
Car Loan Calculator
Key Features
-
Saloon Cars
New/Used
-
Commercial trucks/Pick-ups
New/Used
-
Prime Movers/Heavy Commercial Trucks
New/Used
-
Earth Movers/Construction Equipment
New/Used
-
Other Equipment
New
-
Tractors
New
-
School buses
New
-
Motor cycles ( Fleet Purchasers)
New
Benefits
Quick and simple application process.
Financed assets are self-securing.
Option of direct import finance through selected dealers.
Insurance Premium Financing {IPF) available.
Effective working relationships with vehicle. dealers/vendors country wide.
Competitive pricing.
- Duly completed Asset Finance Application Form
- Proforma Invoice from the Dealer or Vendor
- Company PIN Certificate
- Certificate of incorporation
- Memorandum & Articles of Association
- Latest 6-month bank statement (* 12 months is business is seasonal)
- Copies of contract where asset sought are to meet contractual requirements
- Latest 3 years audited accounts, annual returns and cashflow projections
- Company/Business Profile
- ***All applications for second-hand units will also require an Original market valuation alongside a copy of the vehicle logbook. Companies approved on our panel are AA of Kenya and Regent.
- Finance of up to 80% on cost over a loan duration of 48 months (Used - Up to 8 Years) and Finance of up to 85% on cost over a loan duration of 60 months is availed for assets under the above categories subject to credit evaluation.
- Concessions for lower deposit and extended loan tenure are available under structured joint dealer/staff car loan schemes.
We also have partnerships with:
Learn More
Want Asset Finance from I&M Bank
Apply in person
Request Call Back
One of our representatives will call you back as soon as possible.
We are available from 9:00 AM to 4:00 PM Weekly.
Apply for a loan
One of our representatives will call you back as soon as possible.
We are available from 9:00 AM to 4:00 PM Weekly.