Qualifications and Requirements
Target Small and big corporate customers

Requirements
- Quotation of the asset from the supplier and if a corporate, copy of latest audited accounts
- Management accounts for the current financial year
- Cashflow projections for the next 12 months
- 6 months active account

Purpose
Purchase of assets like vehicles, computers, machinery, etc.

Interest rate
Risk Based

Term
6 - 60 months for brand new assets
6 - 36 months for second hand assets

Characteristics
Flexible facility structure

Security
Normally the asset being purchased: but sometimes we require additional security covering not less than 50% of the facility

Available
Credit Department - Head Office

Benefits
- You obtain the use of an asset even without acquiring it
- You conserve capital that would have been tied in an asset if bought on cash
- Leasing gives a flexible repayment structure that is convinient to your cash flow pattern.