Asset Financing Loans
Asset Financing Loans
- E.g Logbook or Title deed
- Loans amount is determined by the asset. Deposit x4. Repayment period 4-5yrs
- The sacco to finance 70% of the asset
- 30% of the total cost of the asset to be financed by the member as deposit security
- Guarantors log book/title deed. The sacco facilitates to the last transaction
- Loan proceeds to be paid directly to the seller
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