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Asset Financing

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Category: Our Products

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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

MAIN FEATURES

• 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.

MAIN BENEFITS

• Enables customers acquire valuable assets
• Repayment period of up to 3 years
• Multiple disbursements and irregular payments are allowed.

BASIC REQUIREMENTS

• The asset e.g. land must have a land title.

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