Asset-Based Finance Loan

Purpose: Supports businesses in acquiring essential assets for growth and expansion.

Offered by 4G Capital

Asset-Based Finance Loan

Details

4G Capital provides EV (Electric Vehicle) Financing in partnership with Powerhive, Roam/Ridewell/Oriental General Stores (OGS), Zeno, Arc-Ride and Fika Mobility and Ebee.

Repayment Tenor: 12, 18, and 24 months

  • Pricing: 9% per annum (Annual Percentage Rate)

  • Collateral: Self-securing with the asset being acquired

  • Loan Ticket Size: KES 30,000 – 360,000

  • Asset Contribution Margin: 80-100% of asset cost

  • Repayment Frequency:

    • Daily repayments for electric vehicles (e.g., motorbike taxis, electric bike deliveries)

    • Monthly repayments for business asset purchases

Eligibility Criteria:

  • Valid Driving Licence – Class A2

  • Valid KRA PIN

  • Deposit of approximately 10%

  • 6-month M-PESA statement

  • Valid National ID

  • Must be Active Business Owners (Bodaboda riders and delivery service operators)

To apply