Import Finance Loan

This is a loan facility meant to clear duty and other port charges on behalf of importers of motor vehicles, in order to facilitate faster settlement of duty charges at Kenya Revenue Authority (KRA) and other bodies to avoid demurrage. All Import Finance Loans are subjected to a loan appraisal process. Once a loan has been approved the loan will be disbursed within 24 hours via Bankers Cheque to the relevant bodies. The interest rate is 2.5% for a period of 24 months. Who Qualifies? Anyone who imports a motor vehicle.

d have a valid title deed to secure the amount. The interest rate is 10% on reducing balance for a maximum duration of 24 months. We finance up to a maximum of 40% of the forced value of the property or so customized according to the client needs.