Asset Financing
Target/purpose
Individuals, businesses, salaried staff and chamas
Features/ purpose
Loans for purchase of Personal Cars, Commercial Vehicles, Equipment and machineries among other assets
Requirements:
- Personal or business bank statements for the last six months-must be stamped and certified by the bank
- A copy of National I.D or passport (to be certified against original by Roots Credit Limited)
- Motor vehicle record with KRA as at the date of loan application
- Latest utility bill or rental house receipt as proof of residence /sketch map/client visit documented.
- A comprehensive motor vehicle insurance policy
- Execution of a chattels mortgage- Done at our office
- A cheque book account for issue of post-dated cheques
- Motor vehicle log book/ Title Deed
- 2 recent passport photographs • Pro-forma invoice for the vehicle
APPLY
Fill in the form & apply for a loan
GET VERIFIED
Get all your security documents checked and approved
RECEIVE MONEY
Receive money in your account