Asset Finance Loan

Personal Car Loans

A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.

Features and Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • No penalty for early repayments
  • Repayment period of up to 48 months
  • Up to 90% financing for new vehicles and 70% financing for second hand vehicles

Qualifying Criteria

  • Copy of ID and PIN
  • Bank statement for at least six months
  • Vehicle to be fitted with anti-theft device
  • Pro forma invoice from dealer/vendor
  • Vehicle to be fitted with anti-theft device

Asset Finance for Schools

A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.

Features and Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • No penalty for early repayments
  • Repayment period of up to 48 months
  • Up to 90% financing

Qualifying Criteria

  • School board minutes approving purchase of the bus
  • Relevant consent from regulatory bodies
  • School registration certificate issued by Ministry of Education
  • Bank statement for one year
  • Cash flow projections for at least one year
  • Evidence of actual annual revenue collections
  • Vehicle to be fitted with anti-theft device

Asset Finance for PSV

A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.

Features and Benefits

  • Competitive interest rates
  • Flexible repayment arrangements
  • No penalty for early repayments
  • Repayment period of up to 48 months
  • Up to 90% financing for new vehicles and 70% financing for second hand vehicles

Qualifying Criteria

  • Copy of ID and PIN
  • Bank statement for at least six months
  • Vehicle to be fitted with anti-theft device
  • Pro forma invoice from dealer/vendor
  • Vehicle to be fitted with anti-theft device