MayFord - Asset Finance Loan

Our Asset Finance Loan Product will help solve your equipment financing requirements like purchase of Assets for your Business, Motor Cycle, Or Car.

It Is Offered Upto 24 Months at very affordable Interest

The desired target market is individuals or organizations with existing income inflows or employees backed by regular salary payment.


It’s asset-based and will help you to purchase acceptable, identifiable, durable, moveable and insurable assets. Our dedicated and professional team will assist you to make the right decision for your asset finance

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Asset Finance Loan Products

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Get financing for whatever you need now

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Features of Asset Finance Loan

This loan enables customers to acquire their desired assets without paying for them all at once. It is Designed to enable the Customers realize the dream of owning assets. Let it be a brand new car, plant and Machinery, equipment, tractors etc

Faster Loan

Get your loans processed in minutes.

Choose your amount

We let you choose the loan best suited for you. All charges are communicated up front in writing along with the loan quotation.

Enjoy the best rates

Our loan rates and charges are very attractive , no hidden fees.

Decide your tenure

We offer payment plans that meet your schedules.

Asset Finance Loan - Eligibility

Self-employed, salaried or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a Asset Finance Loan.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Ugx 1,000,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

We accept early repayments. Fees and Waivers at point of repayment can be discussed with our loans department

At any point as you service your loan we allow for refinancing. This would be inform of recapitalisation funds to add onto the ealier loan taken

You are eligible to apply for the business loan once you meet the requirements below

  • Formal Application stating the amount, purpose, tenor, source of repayment and proposed security.
  • Audited accounts for at least three financial years, prepared by a Certified Public Accountant, with an unqualified opinion.
  • Management Accounts for the most recent concluded month.
  • Projected Cash flows for the period of financing.
  • Valuation report for the property/ assets to be pledged as collateral.
  • Business Plan/ Updated Company/ Business profile.
  • Any other information as may be requested by us, depending on the nature of the request.

CROWN HOUSE First Floor - Room 4, Plot4A, Kampala Road, P.O Box 508 Kampala, KAMPALA-CENTRAL DIVISION

Get a Quote

Now apply for a Car Loan online, All you need to do is provide your details below application form.

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