DTB may consider identifiable movable capital equipment such as industrial, manufacturing, processing, medical, production and specialised machinery, subject to asset eligibility, supplier or seller checks, valuation, insurance and credit appraisal. Construction equipment and yellow goods may be assessed under DTB's dedicated construction-equipment financing product.

Eligible customers with a verifiable source of income or cash flow and the ability to meet the required contribution and repayments may apply. DTB will review KYC information, bank statements, the proposed equipment, existing obligations and any additional documents required for the specific application.

No. The current product terms state that financing is available to both DTB and non-DTB customers. Non-DTB customers should provide the required certified bank statements and may need to complete additional account-opening or KYC steps if the application is approved.

DTB publishes financing of up to 80% for qualifying new equipment and up to 70% for qualifying used equipment. The actual percentage and approved amount depend on the equipment price and value, age and condition, supplier or seller, your contribution, repayment capacity and credit appraisal.

Based on the published maximum financing percentages, a customer may need to contribute at least 20% toward qualifying new equipment or at least 30% toward qualifying used equipment. DTB may require a higher contribution after valuation or appraisal, and you should also budget for applicable fees, insurance, taxes and related acquisition costs.

The current product page does not publish an official minimum or maximum facility amount. DTB will determine the amount it can consider from the equipment value, approved financing percentage, internal limits and your ability to repay. Ask DTB for the applicable range before committing to a supplier.

The published repayment period is up to 60 months for qualifying new equipment and up to 48 months for qualifying used equipment. The approved tenure may be shorter depending on the equipment's age, useful life and value, the requested amount and your repayment capacity.

The current product terms specifically allow monthly or quarterly repayments for qualifying used equipment. The repayment frequency for any facility, including new equipment, will be confirmed in DTB's approved repayment schedule and should match the agreed facility terms.

Yes. DTB offers up to 70% financing for qualifying used equipment, with repayment of up to 48 months. The equipment must meet the bank's age, condition, ownership, valuation, supplier or seller, insurance and credit-appraisal requirements.

The current product page states a maximum age of eight years for used equipment. Eligibility can still depend on the type of machinery, condition, maintenance history, useful life, valuation and proposed loan term, so confirm the age rule for the specific asset with DTB before purchase.

Prepare copies of your national ID and KRA PIN, the latest eight months of certified bank statements if you are a non-DTB customer, a pro forma invoice or asset sale agreement, a completed Hire Purchase application form and proof of ownership for equipment bought from a non-franchised dealer or private seller. DTB may request additional documents during appraisal.

The document identifies the equipment, seller, purchase price and proposed transaction. DTB uses it together with ownership, valuation and supplier checks to assess whether the equipment is eligible and how much financing can be considered.

Potentially. The current requirements allow an asset sale agreement and request proof of ownership for non-franchised dealers. The seller and equipment will still be subject to ownership verification, valuation, condition, documentation, insurance and DTB approval before financing can proceed.

Imported equipment may be considered subject to DTB approval and satisfactory supplier, invoice, ownership, shipping, customs, valuation, installation and insurance documentation. Confirm eligibility and the required documents with DTB before placing a non-refundable order or making a supplier payment.

DTB may require a valuation, inspection or technical assessment to confirm the equipment's identity, condition, market value, useful life and suitability as security, especially for used or specialised machinery. Any applicable valuation or inspection cost should be included in the written cost breakdown.

DTB describes its rates as competitive, but the actual interest rate is confirmed after appraisal. The total cost may include interest, processing fees, valuation or inspection, comprehensive insurance and renewals, tracking or identification costs, credit-life cover where applicable, taxes and other approved charges. Request a written cost-of-credit breakdown before accepting the facility.

Your instalment depends on the amount financed, customer contribution, interest-rate basis, repayment period, repayment frequency and any costs included in the facility. Use a calculator only as an estimate, then request an official repayment schedule from DTB showing each instalment and the total cost.

Processing time depends on whether the application and asset documents are complete, the complexity of the equipment, supplier or seller verification, valuation, credit checks and any additional security requirements. DTB can provide an indicative turnaround time after reviewing the specific application.

DTB will consider your verified income or business cash flow, bank statements, existing credit commitments, repayment history, customer contribution, equipment value and useful life, supplier or seller, insurance, security and the completeness of the documents. Meeting the published requirements does not guarantee approval or the maximum financing percentage.

An SME with verifiable cash flow and the ability to support the required contribution and repayments may enquire about equipment financing. DTB will assess the business, the proposed machinery, bank statements, existing obligations and any other documents needed to show how the facility will be repaid.

A start-up may discuss its funding need with DTB, but approval will depend on the bank's credit criteria and whether the applicant can demonstrate a credible source of repayment. DTB may request business plans, contracts, projections, a higher contribution, guarantees or additional security where appropriate.

The financed plant or machinery is normally the primary security for the facility. DTB may also require ownership documents, insurance, guarantees, contracts or other collateral depending on the equipment, facility amount, applicant profile and credit appraisal.

The legal ownership and document-custody arrangement will be set out in the Hire Purchase and facility documents. DTB will retain its security interest in the financed equipment until the facility and related obligations are fully settled.

Financed equipment will normally need insurance that meets DTB's facility conditions. Eligible applicants may also apply for Insurance Premium Financing to spread the cost of an approved annual premium. Confirm the required cover, insurer, insured value and premium-finance terms before purchase.

You may submit another application if your repayment record, cash flow and overall ability to service additional debt remain satisfactory. DTB will reassess existing obligations, security and affordability before approving another facility.

The current general asset-finance FAQ indicates that early settlement may be allowed without a penalty, but the approved facility letter remains the source of truth. Request an official settlement figure from DTB showing the outstanding principal, accrued interest and any applicable charges before paying.

Do not sell, transfer, replace or materially alter financed equipment without DTB's written approval. Contact the bank so it can confirm the outstanding balance, assess the proposed transaction and explain how sale proceeds, replacement security or any shortfall must be handled.

A breakdown does not automatically suspend the repayment obligation. Maintain the equipment, use the required insurance where a covered event occurs and contact DTB early if the breakdown affects cash flow. Any repayment restructuring is subject to assessment and approval.

Contact DTB as soon as you expect difficulty making a payment. Restructuring is not automatic and must be assessed. Repossession or sale of the equipment does not necessarily clear the debt; you may remain liable for any outstanding balance, default interest and permitted recovery costs after sale proceeds are applied.

Equipment financing is tied to the purchase of an identifiable asset, and the financed machinery normally serves as primary security. A general business loan may fund broader needs such as working capital, stock or multiple expenses and may have different security, pricing and repayment terms. Choose the facility that matches the purpose of the funding.

Compare the total cost of credit, interest-rate basis, customer contribution, financing percentage, repayment period and frequency, eligible asset age, processing and valuation fees, insurance, security, supplier restrictions, early-settlement terms and monthly or quarterly affordability. The best option is the one that finances suitable equipment while leaving enough cash flow to run the business and make every repayment on time.

Select Get In Touch on the DTB webpage or visit a DTB branch. Identify the equipment, obtain a pro forma invoice or asset sale agreement, prepare the required identification and bank documents, complete the Hire Purchase application form and provide proof of ownership where applicable. DTB will assess the applicant, supplier or seller, equipment and repayment capacity before issuing facility terms if approved.