Vehicle and Asset Finance
Get a loan for your car, machine, equipment or asset with flexible and affordable repayment terms to increase your production output, profits and grow your business. This includes vehicles, office equipment, agricultural or factory equipment and machinery etc
Some of the benefits
Affordability
The best interest rates in the market
Credibility
Access to our accredited vehicle and equipment suppliers
Flexibility
Flexible repayments arranged to suit your cash flow.
Insurance
Affordable complimentary insurance from our trusted partners
What you get
- Flexible Payment Terms – which can be scheduled monthly, quarterly or termly with up to 60 months for repayment
- Access to competitive interest rates
- Access to to our qualified vehicle and equipment suppliers to help you get your car or asset.
- The loan packages provide a full range of complimentary insurance products
- Matched maturity where terms = asset life
- No additional security as the asset is the security
- Flexible repayments arranged to suit your business cash flow.
- 24-hour business banking support through our Enterprise Direct Centre
Which type of Assets are financed
- All Vehicles from reputable brands including but not limited to;
Toyota, Scania, Isuzu, Nissan, Mercedes Benz, Volkswagen, Mitsubishi, Land rover, Ford, TATA. - All types of equipment and machinery approved by our team of experts
- All office automation equipment
What it costs
- Down Payment of up to 20% of the cost of the vehicle or asset.
- Prime +margin interest rates.
- 2% of the Loan Amount arrangement fees.
What you will need
- Business Legal documents (M&A, Resolutions, Certificate of Incorporation).
- A brief on company management indicating the experience, standing in the community and abilities of company directors.
- Business' bank statements for the past six months.
- Audited Financial accounts by recognised and certified Auditors.
- Personal wealth of directors, alternative sources of repayment.
- Type of Asset – Age, make, suitability/alternative usage, supplier
- A 12-month cash flow forecast or copies of contracts to support cash flow.
- Financial Card
How to get it
Contact the Enterprise Direct Centre on 0312226600 or visit a Business banker at your nearest branch
-
What you get
-
Which type of Assets are financed
-
What it costs
-
What you will need
-
How to get it
- Flexible Payment Terms – which can be scheduled monthly, quarterly or termly with up to 60 months for repayment
- Access to competitive interest rates
- Access to to our qualified vehicle and equipment suppliers to help you get your car or asset.
- The loan packages provide a full range of complimentary insurance products
- Matched maturity where terms = asset life
- No additional security as the asset is the security
- Flexible repayments arranged to suit your business cash flow.
- 24-hour business banking support through our Enterprise Direct Centre
- All Vehicles from reputable brands including but not limited to;
Toyota, Scania, Isuzu, Nissan, Mercedes Benz, Volkswagen, Mitsubishi, Land rover, Ford, TATA. - All types of equipment and machinery approved by our team of experts
- All office automation equipment
- Down Payment of up to 20% of the cost of the vehicle or asset.
- Prime +margin interest rates.
- 2% of the Loan Amount arrangement fees.
- Business Legal documents (M&A, Resolutions, Certificate of Incorporation).
- A brief on company management indicating the experience, standing in the community and abilities of company directors.
- Business' bank statements for the past six months.
- Audited Financial accounts by recognised and certified Auditors.
- Personal wealth of directors, alternative sources of repayment.
- Type of Asset – Age, make, suitability/alternative usage, supplier
- A 12-month cash flow forecast or copies of contracts to support cash flow.
- Financial Card
Contact the Enterprise Direct Centre on 0312226600 or visit a Business banker at your nearest branch
We also offer
Trade Insurance
This policy provides cover for goods in transit by sea, air, road, and rail. Loss of profits insurance following loss of goods during the transit and Cover for goods during storage after the voyage.
BizSure
We will cover your business against unforeseen circumstances like fire, theft, accidental damage, goods in transit, workers compensation and so much more. This policy is intended to cover property such as all signage, plant, machinery, furniture, computer and electronic equipment, glass, landlord’s fixtures and fittings, tenant’s improvements for which you are responsible and all other contents, money, stock and materials in trade