There are times you wish you would just have something, an asset, that you are sure will help you get several things done.
But as usual, for one to have anything they need, money is involved and in these harsh economic times, where money is scarce, unemployment is many people’s daily song and, lets face it, most Kenyans living from hand to mouth, it’s not easy to get what we need all the time.
The university graduations season has just begun. Thousands of youth will be released to the ‘job market’ yet there are no jobs. Imagine you’re one of those who have or will be set free to fend for themselves the best way they know-how.
Good thing is that you did not go to school to simply write notes and sit exams but you were enlightened and learned to ‘think outside the box’.
Because of this, you are thinking that before you are finally employed, you can drive a taxi to make ends meet, or get to do money-generating things online. That is incredibly brilliant, but you have no car nor laptop to start you off.
Worry not. Co-operative Bank of Kenya has your back with Co-op Bank Asset Financing product which helps you acquire that asset you so badly want.
Co-op bank’s Asset Finance gives you the flexibility to finance your moveable assets without tying up any other property or assets as collateral. This is because the asset being financed becomes security.
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This type of Co-op Insurance Financing is made available for the assets purchased, with the option of renewing it periodically over the duration of the facility and beyond.
Features
- Competitive pricing in both local and foreign currency
- Flexible repayment period of up to 48 months
- Financing of all types of moveable assets such as laptops, computers, printers, saloon cars, pickups, tractors, prime movers, school buses, generators, medical equipment, etc.
- Financing of both new and second-hand assets
- Insurance premium financing for the assets purchased with the option of renewing it periodically over the duration of the facility and beyond
- Automatic reminders of insurance expiry
Requirements
- Your copy of I.D and KRA PIN
- Your copy of business PIN and Copy of Certificate of Registration
- 6 months certified bank statements (for non-Co-op Bank clients)
- Copy of Log Book and, or import papers for used vehicles