Financing
Finance that fits the earning cycle
A truck is a working asset. The repayment schedule should reflect what it earns, not what a generic loan calculator suggests.
Options
Four ways to fund the purchase
Most customers combine two of these — a bank facility for the balance, with insurance financed separately.
Bank asset finance
Arranged with leading Kenyan banks and SACCOs. The vehicle secures the facility, which usually means a better rate than an unsecured business loan.
Trade-in towards the deposit
We value your existing commercial vehicle and apply it to the deposit, which is often the difference between a facility being approved and being declined.
Insurance premium financing
Spread the comprehensive insurance premium across the year instead of paying it in one lump at registration.
Structured around the work
Deposit and tenor set against what the vehicle will actually earn — a matatu route and a quarry tipper do not have the same cash flow.
Lenders
Finance arranged through Kenya's banks
Six of the lenders TMD works with — the panel is wider than this. Your consultant approaches whichever bank's terms fit the vehicle and your trading history. Listed alphabetically, not ranked.
Bank names and logos are the property of their respective owners and are shown to identify the lenders TMD works with. Lending decisions and terms are the bank’s.
Estimate
Work out an indicative repayment
Enter a vehicle price, deposit, rate and term to see roughly what the monthly figure looks like.
This calculator uses a standard reducing-balance amortisation. It is an illustration only — it excludes insurance, tracking, excise adjustments, lender arrangement fees and any facility-specific charges. The number on your actual offer letter will differ.
For a figure you can plan against, send a quote request and we will price the vehicle, the body and the finance together.
Indicative monthly repayment
KSh 133,588
- Deposit
- KSh 1,200,000
- Amount financed
- KSh 4,800,000
- Total interest
- KSh 1,612,204
- Total cost
- KSh 7,612,204
Illustration only. Excludes insurance, tracking, excise adjustments and lender fees. Actual terms are set by the financier following their own assessment.
Questions
Financing an Isuzu in Kenya
Can I finance an Isuzu truck in Kenya through TMD?
Yes. TMD works with leading Kenyan banks and asset-finance partners. Submit a quote request with the financing box ticked and a consultant will structure the deposit and repayment period around your cash flow.
What deposit is normally required for truck asset finance in Kenya?
Deposits commonly fall between 10% and 30% of the vehicle value, depending on the lender, your trading history and the vehicle type. Your consultant will confirm the figure your specific lender requires — this site's calculator is only an illustration.
How long does financing approval take?
Once the lender has your documents, approval typically takes a few working days. Having audited accounts or M-Pesa and bank statements ready shortens it considerably.
Can I trade in my existing vehicle towards the deposit?
Yes. We will value your existing commercial vehicle and apply it towards the deposit. Mention the trade-in on your quote request and we will arrange the valuation.
TMD is a vehicle dealer, not a licensed financial adviser. Lending terms are set by the financier. Call our customer support line on 0800-720-797 to be put in touch with the finance desk.