Asset Finance

Asset Finance allows you to buy or lease equipment without compromising your cash flow. You can use it to invest in new or second hand assets.

At a glance

Ksh.0

Early repayment fees

FLEXIBLE

Loan terms and repayment options

APPLICATION

Easy application process

Why choose our Asset Finance?

At Mayfair CIB Bank, we’re committed to creating responsible finance solutions helping customers to spread the cost of your assets over time without having to make a large upfront investment.

We finance both new machinery and equipment, new and second hand motor vehicles.(NB: Motor vehicles not more than 8 years old).

Lending rates

Competitive fixed interest rates

No penalties

Repay your loan sooner by making additional repayments without penalty

Borrow

Borrow 90% of the purchase price for the asset

Insurance

Asset to be fully insured by an Insurance company in the Bank’s Panel

Flexibility

Select repayment terms that suit your budget

Relationship manager

We have dedicated banking experts on hand when you need them

Fees

At Mayfair CIB Bank we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Fee Type Fee Amount
Commitment fee 1% of loan amount
Loan processing 1% of loan amount

* Other fees and charges may be payable. Please view the Asset Finance Guide to Fees and Charges for more details.

Apply now

Check your eligibility

You must have;

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Copy of ID/Passport

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Copy of Pin Certificate
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Latest pay slip
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Latest 6 months Certified Bank Statements
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Proforma Sales Invoice
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Copy of Logbook
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Valuation Report for used Vehicle(s) from AA valuers or Regent
If you are a new Mayfair CIB Customer

 

It will take you 10 minutes to complete the application. you can also save and resume later at a later date if needed.

If you're an existing customer

 

It will take you 10 minutes to complete the application. you can also save and resume later at a later date if needed.

Handy links

eStatements

eStatements are the best way to view your bank statements with Mayfair CIB Online Banking.

Learn more

Online Banking

To help with your day to day banking for your business and how MAYfair CIB online banking can assist.

Learn more

Mayfair CIB Branches

Find your nearest Mayfair CIB Bank branch.

Learn more

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We are here to help

+254 709 063 000

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