Asset Finance

Scope of the product

We provide finance to assist clients acquire new and used movable assets
at competitive interest and term rates


our product

Terms and Conditions

  1. Up to 60% financing for new and used commercial/personal vehicles.
  2. Loan repayment period of up to 18 months.
  3. Fixed interest rate of 3.5% pm.
  4. Processing fee of 2%.
  5. All used assets must not be older than 14 years at the end of loan expiry
  6. Insurance for vehicles will remain comprehensive for the period the asset is under finance.
  7. Joint registration of the motor vehicle on the NTSA TIMS platform.
our product


What is asset finance loan?

A loan extended to customers to finance investments in specific assets e.g. motor vehicles

What percentage of the value of the motor vehicle is financed?

We finance 60% of the cost of the vehicle while the customer contributes 40% of the cost to be paid directly to the dealer.

 Where do I get a valuation report?

You can either get your car valued by Regent or Steering auto valuers.



How do I make an application?

A. You can make an application physically at any of our branches in Mombasa and Nairobi or can contact us on our Tel – 0705 474 291, Email –

 What is the maximum loan tenure for asset finance loan?

Up to 18 months.

What is the rate of Interest?

FCL charges a fixed interest rate of 3.5% pm.

Are there any other charges?

Yes. We charge loan processing fee of 2% of the loan amount.

Are there any exceptions to this facility?

We do not give logbook loans for PSV vehicles and Tractors. Loan approvals are subject to Credit Appraisal.

How long does it take for me to get my money?

After the loan approval and securities perfection process, the loan is disbursed into your account within 6 working hours.

Our Partners

We believe in partnerships to offer our customers the best service.

Contact Us

Get In Touch

We are here to help you 7 days a week and respond within 24 hours.

General Inquiries​

First Capital Limited

11th Floor, NSSF Building Northern Wing, 

Nkrumah Road, Mombasa, Kenya.

T: +254 (041) 2241 220

+254 (0)705 474 291


Got Questions?