Platinum credit kenya introduces a new loan facility, 'Asset finance'

    October 12, 2014   No comments

For a while Platinum credit kenya have been giving clients access to emergency loans only.Even without saving services like commercial banks, the soft loan lender,early this year introduced an asset finance package for financing the purchase of different consumer goods but mostly it was targeting individuals in the transport sector especially motorcycle riders(boda boda)
.
The move got a big boost when Car&General went into partnership with Platinum Credit Kenya early this year to easy the asset access by the successful loan borrowers .Other beefits to the borrower include free life insurance and third party insurance for the whole loan period.   
See also Auto loan from Barclay's Bank of Kenya.
HOW TO APPLY FOR A MOTORCYCLE LOAN?
Am quite sure the above question is in your mind. Simple,but lets start by looking at the general qualifications for both salaried and self-employed customers.
Salaried individuals
-provide an introduction letter from your employer.
-present 3 latest original payslips.
-produce 3 original bank statements from your active salary account.
Self-employed customers.
-provide your business registration certificate.
-present your books of accounts.
With the above documents,you can then borrow now.Step into any Platinum credit office in kenya and ask for the asset finance loan forms. Fill them in and leave.After a credit evaluation by the credit manager, 24 to 48hours,you'll recieve a response about the status of your loan.
If your application get approved,you'll then be allowed to pick your motorcycle from Car&General.
That's all.Good luck!                  
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Mwabaya Katana

Posted By Mwabaya Katana

Mwabaya Katana is a Personal Finance online writer.He is the founder of 'Loans Kenya' Blog.

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