ABSA Asset Finance
ABSA Bank Kenya
Last updated: April 16, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
13% - 15% p.a.
Loan Amount
Ksh 1,000,000 - Ksh 100,000,000
Approval Time
7-14 working days
Processing Fee
1.5% of loan amount%
Rating Breakdown
5★
(0)
4★
(0)
3★
(0)
2★
(0)
1★
(0)
Total: 0 Reviews
Pros & Cons
Pros
- 72-month tenure on commercial vehicles (longest on market)
- Up to 90% asset financing
- Structured seasonal repayment options
- Strong corporate and fleet focus
- In-house insurance agency
Cons
- High minimum ticket (KES 1M)
- 3 years audited accounts required
- 2% early settlement penalty (first 36 months)
- 7-14 day approval is slower than digital lenders
Customer Reviews
Share Your Experience
Product Details
Features
- 72-month tenure for commercial vehicles
- Up to 90% asset financing
- Preferential rates for fleet deals
- Structured repayments matching seasonal cash flow
- In-house insurance through ABSA Insurance Agency
- Dedicated asset finance relationship managers
- Strong fleet financing track record
Eligibility Requirements
Age: 25 - 70 years
Min Income: Ksh 250,000/month
Employment: Established business, Corporate, Limited company, Partnership
Required Documents
- Certificate of incorporation
- Memorandum and articles of association
- KRA PIN
- Bank statements (12 months)
- Audited financial statements (3 years)
- Proforma invoice
- Tax compliance certificate
- Board resolution
- Directors' IDs and PINs
Repayment Options
Direct debitStanding orderABSA internet bankingRTGS
Ready to Apply?
Get started with ABSA Asset Finance today. Fast approval and competitive rates.
Apply NowApplication takes less than 10 minutes
You Might Also Like
Why Trust Our Reviews?
- Verified customer reviews only
- Independent ratings and analysis
- Regularly updated product information
- Transparent review methodology