Financing registrable equipment/vehicles including:
- Lorries (5 ton and above)
- Buses
Prime movers, trailers, trucks, vans, taxis and limousine as well as passenger vehicle for company's use
COMMERCIAL HIRE PURCHASE
Direct Hire Purchase (DHP)
An ad-hoc financing to acquire one or more units or machinery/equipment/vehicles.
Benefits
- High margin of finance of up to 90%
- Flat rate
- Repayment / payment will commence 1 month from the date of each HP Agreement
- Attractive and competitive interest / profit rate
Tenure
- Flexible repayment / payment tenure up to 60 months for commercial vehicles/machinery/equipment.
- Flexible repayment / payment tenure up to 108 months for passenger vehicles.
More Info
- Click here for Business Hire Purchase (Conventional) Product Disclosure Sheet (English)
- Click here for Business Hire Purchase (Conventional) Product Disclosure Sheet (BM)
- Click here for Business Hire Purchase (Islamic) Product Disclosure Sheet (English)
- Click here for Business Hire Purchase (Islamic) Product Disclosure Sheet (BM)
Locate a Branch
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Floor Stocking
This is offered to new, used, reconditioned, and commercial vehicle dealers for the purchase of motor vehicles stock.
Block Discounting
For motor dealers, and credit and leasing companies related to hire purchase and leasing activities.
Blanket Hire Purchase (BHP)
A blanket line of financing up to a certain limit offer to borrower / customer to acquire machinery/equipment/vehicles.
Floor Stocking
A short-term credit facility to finance the purchase of motor vehicles stock by dealers.
Margin of finance
Up to 100%
Loan period
Up to 90 days