- Category: Our Products
- Published Date
- Written by Super User
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Ideal for customers who wish to acquire assets e.g. land, motor vehicle/cycles and other valuable equipment
- Borrowers will be required to make an equity contribution depending on the asset of atleast 20% of the Loan amount.
- Addition security may be required
- Down payment shall be required
- The bonk makes direct payment to the seller.
- Enables customers acquire valuable assets
- Repayment period of up to 3 years
- Multiple disbursements and irregular payments are allowed.
- The asset e.g. land must have a land title.