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Drive Your Business Forward with Asset Finance

Are you looking to acquire a new or used vehicle, movable asset, or equipment for personal or business use? Our Asset Finance solution is designed to help individuals and businesses secure durable assets that enhance productivity and service delivery across various sectors, including agriculture, healthcare, hospitality, manufacturing, and more.

Who Can Apply?

Our Asset Finance facility is open to:

Individuals
Business Entrepreneurs
Limited Companies
Law Firms
Non-Profit Organizations
Businesses in agriculture, healthcare, hospitality, manufacturing, and other key sectors

Features

Flexible repayment terms: Up to 7 years (inclusive of a 1-month principal & interest moratorium).
Used car eligibility: Vehicles up to 8 years old qualify for financing.
Movable assets & equipment: Financing is available for essential business equipment and machinery.

Financing Options

For New & Existing Customers

New Cars & Equipment: 10% contribution, up to 7 years financing.
Used Cars & Equipment: 15% contribution, up to 5 years financing.

For BOA Customers with Salaries Routed for 2+ Years (No Previous Loans)

New Cars & Equipment: 5% contribution, up to 7 years financing.
Used Cars & Equipment: 10% contribution, up to 5 years financing.

For Existing BOA Borrowers with Salaries Routed for 2+ Years

New Cars & Equipment: 0% contribution, up to 7 years financing.
Used Cars & Equipment: 5% contribution, up to 5 years financing.

What You Need to Apply

Completed application form.
6-month bank statements from your current bank.
Proof of asset cost/value (valuation report, proforma invoice, or dealer quotation).
For used vehicles and equipment: Original valuation report
Certified identification documents (ID, passport, PIN certificate, business registration documents where applicable).
Proof of income (salary confirmation letter, audited accounts, cash flow statements, etc.).
Copy of the logbook or import documents (for imported, unregistered vehicles).