Cente Lease

This is a short-to-medium term finance lease product targeted at customers engaged in agricultural production, processing & marketing and other business activities outside the agricultural sector.

Product Features

Minimum lease amount of UShs. 100,000

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Maximum lease maximum of UShs. 8 Billion (VAT inclusive).

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Interest rate charged on declining balance

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Maximum lease period is 5 years

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Flexible grace period where needed

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Secured on the leased item

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Current or savings Bank

Completed lease application form

Financial Card

Cash contribution for the asset/equipment purchase

Valid identification of the leassee and the leased asset

Applicant resident within the branch’s designated area of operation

Possession of relevant business experience

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