Asset Finance

Grow and revolutionize your business with this short term financing solution that gives you room to reserve your capital and business savings.

Through this form of financing, you will be able to acquire for your business machinery or movable assets, which will be jointly registered and co-owned with the bank.

Benefits

**Low capital required**

• Relatively low initial capital will be required from the customer.

**Asset treated like customer’s**

• For tax purposes, the asset is ‘on-balance sheet’ i.e. it is treated as though it belongs to the customer.

**Customer benefits**

• The customer qualifies for interest, wear and tear deductions and any applicable investment allowances.

**Eventual customer ownership**

• Ownership of the asset will be passed on to the customer after receipt of the final payment.

Operating Lease

This product is ideal for you if you’re a business owner who wishes to lease assets to use rather than owning them.

Finance Lease

We have collaborated with dealer partners to ensure that our corporate clients enjoy the best rates during acquisition and leasing of fleets.

Benefits

**Get full financing**

This is a full capital pay out lease

**Lessor owns the asset**

The asset is in full ownership of the lessor.

**Lessee benefits**

Get income tax deduction for wear and tear of the asset

**VAT terms**

The client gets to claim VAT input credits based on the financier’s invoice subject to normal VAT rules. VAT is charged on each lease rental.

How to Apply:

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