Asset Finance/ Hire Purchase

Purpose of loan: Alternative form of secured lending that enables businesses to acquire moveable & identifiable assets, plant/machinery assets that offer flexible financing options i.e. Hire Purchase, Insurance Premium Finance, Import Financing.
Loan amount subject to LTV (Loan To Value) as per credit policy with serviceability demonstrated from existing and projected income streams.
Repayment capacity assessed on existing business cash flow and cash flow projections.
Security by way of first legal charge on assest being financed and/or another property.
Charges as per tariff.

Competitive pricing on a wide range of movable assets.
Flexible financing options i.e. HP, IPF.
High financing limits with regards to LTV rates.
Customer can have more than one asset facility provided their financials can support.
Payments in convenient installments.
Insurance Premium Financing for assets purchased.
Customer assumes immediate possesion and use of asset.

Do you need more clarification about Asset Finance?

One of our experts is waiting to answer your questions. Fill and submit the form and we will call you back.

I Want To Know More