Help Centre
Pricing and financing period for ASF Express
Know how charges are calculated, with a worked example
ASF Express uses a daily markup. The total cost depends on how many days your financing period runs.
The daily markup
The markup is 0.23% per day. The total markup is 0.23% multiplied by the number of days the financing runs.
The financing period
The financing period runs from the day the money is sent to you until the end of the period. The shortest period is 7 days, and the longest is 45 days.
Worked example
Invoice value: KES 1,000,000
Financed at 85%: KES 850,000
Financing period: 30 days
Daily markup: 0.23%
Total markup: 0.23% multiplied by 30, which is 6.9%
Markup in shillings: KES 58,650
Total repayment at the end of the period: KES 908,650
Why the period matters
The shorter the financing period, the less you pay in total. A 14 day period costs less than a 30 day period for the same drawn amount.
Tip to lower your cost
Submit your Funds Request close to when you actually need the money. Submitting too early extends the financing period and increases the markup you pay.