Asset Finance Loan

This is a facility finances asset acquisition.
Pro-forma invoice /sale agreement to be availed from the vendor.
Collateral based loans with a 50% margin in value for other car models and 60% for Toyota/Isuzu cars.
All motor vehicles must be comprehensively insured.
Ability to pay must be demonstrated by the cash flows of the borrower.
Valuation must be done and the motor vehicle fitted with the tracking device.
The age of the motor vehicle shall be within government requirements.
The repayment period should not exceed Twenty-four (24) months.

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