100% Vehicle Import Duty Financing in 24 Hours

by | Feb 29, 2020 | Finance | 0 comments

Before you can collect an imported vehicle at the port of Mombasa, you need to pay the import duty. If you are ever in a fix and run out of funds to pay the duty, vehicle import duty financing is available.

How Vehicle Import Duty Financing Works

  • Maximum loan of Kshs 2 million
  • Repayment period of 30 days with the option to convert the loan to a 12-month loan.
  • An interest rate of 5.5% per month.
  • 100% financing.
  • Disbursed in 24 hours

Requirements for Vehicle Import Duty Financing

  • Bill of lading
  • Vehicle invoice
  • Export certificate
  • Inspection certificate
  • All other importation documents
  • Signed affidavit
  • Comprehensive insurance
  • National ID (for all directors if a company)
  • Latest 6 months bank statements
  • 2 Colour passport photos (for all directors if a company)
  • Personal cheque book
  • Business certificate of registration/incorporation (if a company)

Note that the vehicle serves as the security for the loan.

For more information on vehicle import duty finance, please visit the link below and complete the form.

Import Duty Finance Application

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