@Pitt, several things from your post stand out on why you aren't getting credit. First, in asset finance, there is no need for collateral. What you need is a demonstrable ability to repay the loan. You need average monthly account turnovers at least ten times the average monthly repayment.

Secondly, you sound like this is something you are going to start. No one funds start-ups in kenya.No bank will peg their loan repayment on anticipated income from the truck. It has to be repaid from your current income. The only exception would be if you have a really good contract e.g. with DHL.

There are many other people offering asset finance e.g. Synergy, springboard, ASL credit,but they tend to focus lending to the big boys.

Alternatively, lease a truck and get the work done as you gain some experience, learn the ropes, and also arrange for financing.

There are several banks which provide mortgage finance in Kenya. There are many governments, commercial and foreign banks based in the country serving the financial needs of many customers. Loans are usually given at various rates of interest depending on several factors like time period, collateral, credit ratings, and the kind of loan for which the customers apply. Here are the best five Kenyan banks where you can apply for loan:

1. Diamond Trust Bank Kenya Limited
2. Kenya Commercial Bank
3. Standard Chartered Bank Kenya
4. Barclays Bank of Kenya
5. Co-operative Bank of Kenya