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Get financing for assets
With our Check-Off Asset Finance solution.
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What is Check-Off Asset Finance?

An asset finance solution for salaried employees to acquire vehicles and other assets through employer check-off.

Features

  • Finance both new and used assets
  • Repayment of up to 60 months
  • Direct payment to vendor
  • Asset is fully insured
Check Off Asset Finance

How do I apply?

  • Have Faulu as the pay point at least 3 months prior to loan application
  • Signed irrevocable undertaking not to alter pay point without Faulu’s consent
  • Three original current consecutive payslips (certified by the employer)
Check Off Asset Finance

Want to know more about Check Off Asset Finance?

If you want to know more, we've put together some frequently asked questions for you.

  • Monthly check-off by the Corporate
  • Two Guarantors who must be from the same employer (if pay point is not with Faulu)
  • Net income after loan deduction must not be less than 1/3 of total net income

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