Vehicle and Asset Finance
Our Vehicle and Asset Finance product allows the bank to provide financing under a finance lease for the purchase of vehicles and other movable assets and equipment. Equipment eligible under this product includes; trucks, cars, buses, earth-moving equipment, generators etc.
Key Features and Benefits
- We can finance up to 100% for passenger vehicles, 85% for other movable equipments.
- No additional security is usually required
- Ability to structure repayment to the specific needs of your business
- Facility is available for up to 5 years subject to specific conditions of your business.
- Business Registration documents
- Insurance on asset financed
- Bank statement from other banks
- Financial statement and cash flows
- Favorable Credit Bureau report.
- Other requirements/ documents may be requested subject to specific borrower conditions