Services

Asset Finance Loans

Asset Finance Loans help individuals and institutions acquire motor vehicles, whether new or used. We offer finance up to 70% of the asset’s purchase price, enabling you to secure the vehicle you need without the immediate financial burden.

12

Turnaround Time

application

Eligibility and Documentation

To apply for our asset finance loans, clients need to provide the following documents:

Individual

  • Copy of ID Card/Certificate of Registration
  • Copy of KRA Certificate
  • Passport Photo
  • Proof of Banking – 6 Months Mpesa and Bank Statement
  • Pro-forma Invoice showing the vehicle sale price, client’s deposit, and outstanding amount.
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Business

  • Certificate of Incorporation
  • CR12
  • Board Resolution to borrow
  • Copy of I.D Card and Kra Pin of the Directors
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application

Asset Finance Loan Application Process

We have streamlined our Asset Finance Loan application process to ensure you receive the funds you need quickly and efficiently. Below is a summary of each step in the process:

Initial Inquiry

Start by reaching out via Phone Number 0797101010, email us at info@remycapital.co.ke, or visit our offices at Caxton House, 1st Floor, Nairobi, to express your interest in an Asset Finance Loan. Our team will provide you with information and answer any questions.

Loan Application

Submit your loan application, providing personal and vehicle details.

Application Review

We will conduct an initial review of your application to ensure you meet the basic requirements, such as valid identification, and proof of income.

Professional Valuation

A professional valuer will assess the vehicle you intend to purchase to determine its market value. This helps establish the loan amount you can qualify for.

Offer Letter

If you meet the requirements, we will provide you with an offer letter detailing the loan amount, interest rate, repayment schedule, and any other terms and conditions. Review the offer carefully and feel free to ask any questions.

Car Track Installation

Car Track Installation: For added security, we will arrange for the installation of a car tracking device on the vehicle. This helps protect both parties in case of theft or loss.

Joint Registration

As part of the loan agreement, we will conduct a joint registration of the vehicle. This means that while you retain ownership and use of the vehicle, Remy Capital is registered as a lienholder until the loan is fully repaid. This step is necessary to secure the loan and protect our interests.

Payment to the Selling Party

Release of Funds: Once all procedures are completed and the joint registration is finalized, we will release the payment to the selling party. This ensures that the transaction is secure and that the seller receives their funds promptly.

Vehicle Release to Client

After the payment is made, the vehicle will be released to you for your use while repaying the loan over the agreed period .

Key Features/Benefits

Benefits of Our Asset Finance Loans

01

High Financing Percentage:

We cover up to 70% of the purchase price of the vehicle, significantly reducing the initial amount you need to pay. This high financing percentage makes it easier to afford a new or used vehicle.

02

Ownership and Use

You gain immediate use of the vehicle while spreading the cost over time. This is particularly beneficial for businesses that need vehicles to operate efficiently or individuals who require a reliable mode of transport.

03

Preserve Working Capital

By financing a significant portion of the vehicle’s cost, you can preserve your working capital for other essential expenses or investments. This ensures that your cash flow remains healthy and can be used for other growth opportunities.

04

Flexible Repayment Terms

We offer flexible repayment terms of up to 24 months. This allows you to choose a repayment schedule that fits your financial situation, making it easier to manage monthly payments without straining your budget.

Why Us

Why Choose Remy Capital?

We are committed to providing tailored financial solutions that meet the needs of Kenyans. Our Asset Finance Loans are designed to help you acquire a vehicle, with minimal financial stress. Here’s why you should choose Remy Capital:

Quick and Easy Application

Our application process is straightforward and designed to get you the funds you need quickly.

Expert Guidance

Our experienced team guides you through every step of the process, ensuring a hassle-free experience.

Flexible Solutions

We offer flexible repayment terms and competitive interest rates to suit your financial situation.

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