What Is Asset Financing?
Asset financing allows businesses and entrepreneurs to acquire essential tangible assets such as vehicles, machinery, or equipment through structured financing, helping preserve working capital and spread costs over time . ASAP Credit Africa specializes in asset-backed loans designed for Kenyans seeking flexible and affordable financing solutions.
Why Choose ASAP Credit Africa for Your Asset Financing Needs?
- High Financing Ratios: Borrow up to 80% of the asset’s value for new or used equipment.
- Flexible Tenure: Repayable over 12 to 60 months, adjustable to the useful life of the asset .
- Swift Approvals: Loan decisions typically within 48 hours, enabling fast asset acquisition
- Affordable Rates: Competitive, reducing‑balance interest with no hidden fees—complete transparency.
- Collateral Efficiency: Financed assets serve as self-securing collateral, reducing the need for additional security
Suitable Assets for Asset Financing
ASAP Credit Africa’s asset financing covers a wide range of movable, identifiable assets, including:
- Commercial vehicles (trucks, buses, pickups)
- Construction equipment (excavators, graders, compressors)
- Agricultural machinery (tractors, harvesters)
- Office equipment and industrial machinery
- Specialized business equipment (medical, catering, printing machines)
Benefits of Asset Financing with ASAP Credit Africa
- Preserve Working Capital: Avoid large upfront payments and maintain liquidity for business operations .
- Access High-Value Assets: Invest in assets that otherwise may be unaffordable .
- Build Creditworthiness: Timely repayments strengthen your credit history and open doors to future loans .
- Tax Efficiency: Interest and depreciation on financed assets are often tax-deductible.
- Flexibility and Growth: Enables regular upgrades and keeps your business competitive .
How to Apply for Asset Financing
- Discuss Your Needs: Contact ASAP Credit Africa to outline the asset you wish to finance.
- Submit Documentation: Provide asset details (e.g., proforma invoice, make/model), proof of business ownership, ID, KRA PIN, and bank statements (3–6 months).
- Valuation & Approval: We send an asset evaluator; receive a tailored financing offer within 48 hours.
- Agreement & Disbursement: Sign documents, and ASAP Credit Africa pays the vendor directly.
- Repayment: Make scheduled monthly payments to gradually own the asset.
Frequently Asked Questions (FAQ)
What percentage of the asset can I finance?
You can finance up to 80% of the asset’s value, depending on its type and condition .
What repayment terms are available?
Asset financing terms range from 12 to 60 months, aligning with the asset’s useful life .
How fast are approvals?
Decisions are typically issued within 48 hours of submitting a completed application .
Why ASAP Credit Africa Is Right for You
- Specialized Expertise: Tailored asset financing for SMEs, startups, and entrepreneurs.
- Fast, Transparent Process: Quick approvals, direct vendor payments, and no hidden costs.
- Customized Support: Guidance from relationship managers and support in securing insurance and vendor logistics.
Take the Next Step
Empower your business with the tools it needs to grow.
Visit asapcredit.africa
Call +254 768 222 111
Email: [email protected]
Reach out to us today to explore ASAP Credit Africa’s asset financing options. Borrow confidently, scale smartly, and own what powers your success.