Ethical Partnerships for Progress

  +254 746 111 888   1st Floor, Nginyo Towers,Koinange /Moktar Dadah Street

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Asset Finance

Asset Finance - Your Gateway to Seamless Vehicle Ownership and Equipment Acquisition

Welcome to Crescent Takaful Sacco’s Asset Finance, your hassle-free solution for private and commercial vehicle purchases, as well as equipment or machinery acquisition. Whether you’re seeking to finance a new or used vehicle, our comprehensive options cater to both employed and self-employed members, making the process easy and enjoyable.

Key Features:

New Vehicle Financing

New Vehicle Financing

Financing Amount: Ksh. 500,000 – 10,000,000

Repayment Period: Up to 60 months

Contribution: Member – 20% | Crescent Takaful Sacco – 80%

Used Vehicle Financing

Used Vehicle Financing

Financing Amount: Kes. 500,000 – 5,000,000

Repayment Period: Up to 60 months

Contribution: Member – 20% | CTS – 80%

General Terms

  • Documentation Fee: Kes. 15,000 set-up fee; Kes. 3,000 annual monitoring fee
  • Expected Profit Margin:10% p.a on a flat basis or 15% on a reducing balance for leases, Islamic Contracts,Cost plus profit  (murabaha), Leasing (Ijara),  Equity Partnership Financing (Reducing Balance Diminishing Musharaka)

Additional Terms

  • Tracking Devices: Fitted in all financed or collateral motor vehicles, enhancing security.
  • Insurance: Advance comprehensive coverage for the financing period, providing peace of mind.a

Why Choose Crescent Takaful Sacco's Asset Finance?

  • Wide Financing Range: From Ksh. 500,000 to 10,000,000 for new vehicles and 5,000,000 for used vehicles. 
  • Flexible Repayment: Enjoy repayment terms of up to 60 months, providing financial flexibility. 
  • Transparent Fees: Clear documentation fees with a set-up fee and an annual monitoring fee. 
  • Islamic Financing Options: Choose from Islamic contracts like murabaha, Ijara, or Diminishing Musharaka. 
  • Enhanced Security: Tracking devices for all financed or collateral vehicles.

How to Apply?

  • Log in to your Crescent Takaful Sacco Website.
  • Download and fill the Crescent Takaful Sacco’s Asset Finance Form.
  • Send the form to corprate@crescentsacco.com

Experience the joy of owning your vehicle or equipment hassle-free with Crescent Takaful Sacco’s Asset Finance.

For inquiries or assistance, please contact our dedicated support team 0746 111 888.

Note: Terms and conditions apply. Asset Finance is subject to eligibility criteria and approval.

Tracking Devices: Fitted in all financed or collateral motor vehicles, enhancing security.

Insurance: Advance comprehensive coverage for the financing period, providing peace of mind.