Asset Financing Made Easy
This product is structured to cater for both business (equipments/vehicles/plants & machineries) and leisure (personal cars, home appliances) asset needs. The structure and repayment terms are quite flexible and are tailored to ensure stress-free repayment over a period of time.
Interest Rate
3-4% Monthly
On reducing balance
Financing
60%
Of asset value
Tenure
6-24 Months
Flexible terms
Competitive Rates
3-4% monthly interest rate on reducing balance
Flexible Terms
Repayment tenure from 6 to 24 months
Asset Protection
Comprehensive insurance coverage options
Financing Options
Choose from our two main asset financing products designed to meet different asset acquisition needs.
Equipment Loan (EL)
This product is designed to support corporate organizations, small scale businesses, institutions, salaried and non-salaried workers to be proud owners of assets for either personal or commercial purposes.
Financing
60%
Tenure
6-24 months
Auto/Vehicle Loan (AL)
This is a 60% unrestricted auto finance deal geared towards assisting salaried and non-salaried workers, corporate organizations, enterprises and institutions to own vehicles for personal or operational purposes.
Financing
60%
Tenure
12-18 months
What We Finance
We provide financing for a wide range of vehicles and equipment to meet your personal and business needs.
Brand New Vehicles
- • Personal cars
- • Commercial vehicles
- • SUVs and sedans
- • Up to 18 months tenure
Fairly Used Vehicles
- • Pre-owned cars
- • Certified vehicles
- • Quality inspected
- • Up to 12 months tenure
Note: This loan is not to be used to finance vehicles for transport/haulage business.
Business Equipment
- • Industrial machinery
- • Office equipment
- • Generators
- • Production tools
Personal Assets
- • Home appliances
- • Electronics
- • Furniture
- • Personal equipment
60% financing with 40% equity contribution required for all equipment loans.
Financing Requirements
Simple requirements to get your asset financing approved quickly.
- Valid identification documents
- Proof of income/employment
- Bank statements (3-6 months)
- 40% equity contribution
- Credible guarantor(s)
- Asset quotation/proforma invoice
- Asset valuation (if applicable)
- Insurance coverage arrangement
- Vehicle inspection report (for used cars)
- Vendor/dealer information