Vehicle and Asset Finance
Our Vehicle and Asset Finance unit offers financing under a finance lease to buy vehicles and other movable assets and equipment such as trucks, cars, buses, earthmoving equipment and generators.
What does it offer you:
- Finance of up to 70% of the value of the asset
- Opportunity to unlock the value in your existing asset
- No additional security is usually required
- Ability to structure repayments to the specific needs of your business
- Facility is available for up to five years subject to your business meeting specific conditions.
What do you need to apply:
- Business registration documents
- Insurance on asset financed
- Six months’ statements from another bank
- Three years’ financial statements and cash flows
- Favourable credit bureau report.
You may need to meet other conditions or give us more documents subject to specific borrower conditions.