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Asset Finance in Kenya
Finance vehicles, equipment and machinery with up to 100% financing from KCB, Equity, ABSA, Stanbic and more. Repay over 12-96 months.
There are 14 asset finance available in Kenya with interest rates from 13% to 24% per annum. Amounts range from KES 30,000 to KES 200,000,000. PesaMarket updates this data regularly.
Showing 14 of 14 products
â Corporate fleet expansion
ABSA Asset Finance
ABSA Bank Kenya
Interest Rate
13% - 15%
per annum
- 72-month tenure for commercial vehicles
- Up to 90% asset financing
â SACCOs and cooperatives pooling asset purchases
Co-op Asset Finance
Co-operative Bank of Kenya
Interest Rate
13.5% - 16.5%
per annum
- Finance up to 90% of asset value
- Wide range of assets covered (vehicles, machinery, equipment)
â SMEs acquiring their first commercial vehicle
Equity Asset Finance
Equity Bank Kenya
Interest Rate
13% - 16%
per annum
- SME-friendly minimums (KES 200K)
- Up to 90% asset financing
â Transport and logistics fleet expansion
KCB Asset Based Finance
Kenya Commercial Bank
Interest Rate
13% - 15%
per annum
- Loans up to KES 100 million
- Up to 90% asset financing
â Vehicle fleet expansion (trucks, buses, cars)
NCBA Asset Finance
NCBA Bank Kenya
Interest Rate
13% - 15%
per annum
- Strong heritage in vehicle finance (from CBA legacy book)
- Up to 85% asset financing
â Logistics companies building long-haul fleets
Stanbic Vehicle & Asset Finance
Stanbic Bank Kenya
Interest Rate
13% - 14%
per annum
- Up to 100% financing with partner dealers (Isuzu, CFAO, Simba Corp)
- Tenure up to 96 months (8 years) for heavy assets
â Salaried professionals buying first car
DTB Passenger Car Financing
Diamond Trust Bank Kenya
Interest Rate
14% - 16%
per annum
- Focus on passenger car financing for professionals
- Accepts used cars up to 8 years old at financing
â Professional firms buying equipment (legal, medical, audit)
I&M Asset Finance
I&M Bank Kenya
Interest Rate
13% - 15%
per annum
- Up to 90% asset financing
- Tenure up to 60 months
â First-time car buyers wanting a digital flow
Autochek Vehicle Financing
Autochek Kenya
Interest Rate
14% - 18%
per annum
- Digital-first vehicle finance platform
- Single application, matched to multiple partner banks
â SMEs with ticket sizes KES 500K-5M
Bank of Africa Asset Finance
Bank of Africa Kenya
Interest Rate
14% - 16%
per annum
- Up to 85% asset financing
- Tenure up to 48 months
â Micro-entrepreneurs buying first equipment
Faulu Asset Finance
Faulu Microfinance Bank
Interest Rate
16% - 20%
per annum
- Designed for SMEs and micro-entrepreneurs
- Lower minimum (KES 100K) than banks
â Boda boda and tuk-tuk operators
Mogo Vehicle Finance
Mogo Kenya
Interest Rate
15% - 24%
per annum
- Full vehicle lineup: tuk-tuks, motorbikes, cars, matatus
- Tenure up to 60 months (longer than peer digital lenders)
â SMEs in rural and peri-urban areas (post office reach)
Rafiki Asset Finance
Rafiki Microfinance Bank
Interest Rate
17% - 22%
per annum
- Kenya Post Office Savings Bank-linked microfinance
- Covers commercial transport and SME equipment
â First-time entrepreneurs buying a salon chair or sewing machine
SMEP Asset Finance
SMEP Microfinance Bank
Interest Rate
18% - 22%
per annum
- Targets small and micro businesses specifically
- Lowest minimum on this list (KES 50K)