This is a banking facility allows you to hire and subsequently purchase assets from the Bank. It is a form of rental for usage of equipment at a fixed agreed amount during the financing tenure.
- Provide customers with short to medium term financing by way of leasing and finally acquiring items such as plant & machinery, property, equipment, heavy machinery, and other fixed assets;
- Periodical instalments (monthly / quarterly / half yearly)
- Enable the Customer to plan their cashflow since payment is fixed throughout the financing period;
- Flexible payment period
- No facility and Management fees
- Flexible collateral
- No hidden charges