Run asset finance with products, schedules, guarantors, insurance and recovery in one system, with the asset and the borrower always together.
A look at the asset finance screens your team would use. The names and figures are made up for illustration.
15 of 48 instalments paid
| Asset | Borrower | Balance | Status |
|---|---|---|---|
| Toyota Hilux | G. Mulenga | K 221,400 | Current |
| Isuzu FRR truck | Zed Haulage | K 640,200 | Current |
| Honda motorcycle | P. Zulu | K 18,900 | 12 days late |
| Nissan NP300 | C. Mwila | K 96,300 | Insurance due |
The asset, the borrower and the money, in one record.
The asset, the guarantor and the affordability checks sit on one screen for the approver.
Balance, instalments and insurance dates in one place, so fewer payments are missed by accident.
One clear path, the same every time.
Asset finance involves more parties than most.
Dealers and suppliersCreate applications and sales through the API.
PaymentsMobile money, bank and payment links matched to the right agreement.
Insurance partnersRecord policies and claims on each loan.
Credit bureausBureau lookups in the credit check.
AccountingEvery movement posts to the ledger.
ReportsArrears, portfolio at risk and repossessions.
Short answers to what lenders ask us about asset finance.
Cars, motorcycles, commercial vehicles, machinery and other equipment. Each asset product has its own deposit, term, rate and fee settings.
Guarantors and the asset are recorded as security on the agreement, and insurance policies and claims are tracked against the loan so cover does not lapse unnoticed.
Late penalties apply automatically, reminders and collections follow, and if needed you can reschedule, or repossess and dispose of the asset, with every step and the sale proceeds recorded.
Yes. You can start free, with no payment details needed to begin, and try it with your own products and settings. Our team can also set up a working example with you.
All traffic uses HTTPS, passwords are stored as one-way hashes, and people see only what their role allows. Every action is recorded in an audit log, and each company's data is kept apart from everyone else's. Card and mobile-money payments are handled by the payment providers you connect, and the platform records the references.
Banks, microfinance institutions, SACCOs and credit unions, fintechs, buy now pay later providers, auto and asset lenders, and enterprises that lend to customers, staff or suppliers.
See how Credit Watch can run this for you. Start free, and our team will help you go live in days.
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