Bank of Africa Asset Finance
Bank of Africa Kenya
Last updated: April 16, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
14% - 16% p.a.
Loan Amount
Ksh 300,000 - Ksh 30,000,000
Approval Time
5-10 working days
Processing Fee
2% of loan amount%
Rating Breakdown
5★
(0)
4★
(0)
3★
(0)
2★
(0)
1★
(0)
Total: 0 Reviews
Pros & Cons
Pros
- Lower minimum (KES 300K)
- Pan-African bank with 18-country network
- SME-friendly approach
- Works for salaried individuals too
Cons
- Max ticket only KES 30M (smaller than peers)
- Tenure capped at 48 months
- 2% processing fee
- Smaller branch network in Kenya
Customer Reviews
⭐
No reviews yet
Be the first to share your experience with Bank of Africa Asset Finance
Write the First ReviewShare Your Experience
Product Details
Features
- Up to 85% asset financing
- Tenure up to 48 months
- Pan-African banking network (18 countries)
- Competitive rates for salaried professionals
- Simple documentation for smaller tickets
- French West Africa cross-border capability
- SME-friendly approach
Eligibility Requirements
Age: 23 - 65 years
Min Income: Ksh 80,000/month
Employment: Salaried employee, Self-employed, Business owner, Registered company
Required Documents
- National ID
- KRA PIN
- Payslips or bank statements (6-12 months)
- Proforma invoice
- Business registration (if applicable)
- Tax compliance certificate
Repayment Options
Direct debitStanding orderBOA internet bankingBranch payment
Ready to Apply?
Get started with Bank of Africa 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