Asset Financing

Designed to help your business in its journey to achieve its bottom line by providing financing against company capital assets. Capital assets include motor vehicles, construction equipment, industrial plant & machinery, agricultural equipment and office & IT based equipment.

Features

• Flexible collateral requirements including asset you purchase.
• Quick loan processing and disbursement.
• Repayment terms are flexible.
• Loan tenure of up to 3 years
• Loan amount is dependent on your ability to repay.

What you require to sign up

• Loan application indicating loan purpose and operational needs of the business
• Demonstrate the existence of income to be used to repay the loan.

Security

• The asset financed.

Why you should sign up for this product

• Tailored to support the specific needs of the business.
• Valuation services and competitive commitment fees.
• Negotiated Insurance premiums.

Rights and Obligations

• T & Cs of loan facility are detailed on the offer letter.
• Customer data privacy policy is included in the offer letter.
• The rights and obligations of the borrower are detailed in the offer letter.