Asset Financing Loan

A financing solution that helps you acquire vehicles, machinery, and equipment to increase productivity, boost profits, and grow your business.

Overview

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Target Audience	Businesses and individuals seeking to acquire productive assets such as vehicles, machinery, and equipment.
Purpose	Financing the purchase of cars, commercial vehicles, office equipment, agricultural machinery, and factory equipment.
Collateral	No additional collateral required — the financed asset serves as security.

Loan Requirements

Applicants must meet the following conditions:

• Ability to demonstrate repayment capacity from business or personal income.
• Down payment of up to 20% of the cost of the vehicle or asset.

Loan Features & Benefits

Category	Details
Repayment Terms	Flexible repayment options — monthly, quarterly, or termly Repayment period of up to sixty (60) months
Rates & Structure	Favorable and competitive interest rates Loan maturity matched to the useful life of the asset
Asset Support & Added Value	Access to qualified vehicle and equipment suppliers Loan packages include complimentary insurance products Repayment schedules tailored to business cash flow
Business Support	24-hour business banking support through Enterprise Direct Centre