I am interested in the

Through SBM Asset Finance you can easily obtain machinery or vehicles to scale your business operations. Acquire moveable long-term assets such as:

Motor Vehicles – Saloon cars & Pickups
Trucks and Buses – This includes trucks above 15 tonnes as well as buses that are 21 seaters and above such as school buses
Prime Movers and Trailers
Construction machinery and equipment – includes but not limited to, Excavators, Rollers, Graders, Mixers, Cranes, Crushers etc.

Why choose the Asset Finance

For existing and new to bank clients

Competitive interest rates compared to the market

Quick turnaround time between request and access to loan

60 days repayment moratorium

Upto 100% financing

Eligibility / Documents Required

Business Identification Documents
- Certificate of Incorporation and PIN copies for the company
- Memorandum and Articles of Association.
- Valid CR12 that is less than 6 months old.
- Not negatively listed on CRB
- Copies of Directors IDs & KRA Pins and Registration Certificate (if a sole proprietor)
Certified Bank statements – 6 months for Corporates and 12 months for SME.
Proforma invoice
Download, Fill and submit this form at your nearest branch.

Talk to Us

Rates & Fees

Interest is pegged on the Bank base rate + 3.1%p.a. for new units, and +4% for used units all calculated on reducing balance
Processing fees of 1.5 % for new units and 2% for used units
Credit Life with retrenchment cover rider.

Asset Finance