Asset Finance

This is a short to medium term loan for the acquisition of an asset. The asset acquired also serves as the collateral for the facility until the loan is fully repaid


  • Monthly repayment
  • Highly competitive interest rate
  • Quick access to facility
  • Maximum tenor of 12 months


  • Borrower must have an account with the bank
  • Borrower must have a regular source of income
  • Borrower must be between the age of 18 and 65 years


  • Duly completed loan application form
  • Provision of a valid means of identification of the borrower and guarantors
  • Recent utility bill not more than 6 months
  • Two recent passport photographs of borrower and guarantors
  • Six months bank account statement up to application date of the borrower and guarantors
  • 30% equity contribution
  • Two eligible guarantors
  • Two duly signed cheque leaves of the borrower and guarantors