As a business, keeping your day-to-day operations running effectively demands high productivity levels as well as a strong base to be able to support consistent growth. But the success of your business also relies on it having vital assets.
Nevertheless, on account of the cost outlay, this is often becoming a pitfall for many Kenyan businesses, and SMEs in particular. So, instead of forcing your business into a precarious financial situation, why not acquire all the equipment your business needs in a manner that suits you by applying for Co-op Bank’s Asset Financing?
Co-op Bank’s Asset Finance gives your business 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 the security.
ALSO READ: How To Download, Use And Activate Co-op Bank’s MCo-op Cash
Through this financing solution, you can free up your cash and acquire the much-needed assets with minimum fuss while paying for the asset in easy monthly rentals of up to 48 months.
The best part about it all is that the asset acquired will be generating income for your business! It practically pays for itself!
What’s more, with Co-op Bank’s Asset Finance, you automatically qualify for insurance premium financing under our Co-op Insurance Finance product!
That means you will no longer have to worry about funds to pay your annual insurance premiums on the assets they finance.
That said, here is a host of other benefits you get:
Advantages of Using Co-op Bank’s Asset Finance
- Competitive pricing in both local and foreign currency
- Flexible repayment period of up to 48 months
- Financing of all types of business moveable assets such as laptops, computers, printers, saloon cars, pickups, tractors, prime movers, school buses, generators, medical equipment, among others.
- 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
ALSO READ: Kabras Rally Team’s Sizzling Performance Promises More WRC Wins for Kenya
So, how do you apply?
Simple. Simply follow these steps:
- Obtain your Co-op Bank Asset Finance application form from any of the bank’s branches countrywide or any dealer of your choice
- Fill out the application form in full and sign it; and
- Attach all the requirements (highlighted here)
That’s it! Once the process is done, you can relax and let your business and assets do all the paying. Apply for your Co-op bank Asset Finance today!