Asset Finance is a form of financing where Situ offers quick loans to clients who want to acquire any type of car. Depending on the age of the car, Situ shall finance the bulk of the cost.
What are the requirements for Asset Finance?
Six months certified bank statement
KRA PIN and ID copy of the applicant
Passport pics
Sale agreement
Seller’s proforma invoice
This can come in handy especially for a business of SME that needs to have some fleet expansion to take care of an emerging line of the business.
We finance Private Motor Vehicles
We finance up to 80% of the value of the car.
We charge 2.6% flat rate for a period of 24 months
Situ Credit is a non-deposit-taking Micro Finance lending company registered under the Company’s Act. It was founded in 2015.