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COMMERCIAL HIRE PURCHASE

Direct Hire Purchase (DHP)

An ad-hoc financing to acquire one or more units or machinery/equipment/vehicles.

Features


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

     

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.

Eligibility


  • Sole Proprietorships
  • Partnerships
  • Private Limited & Public Limited Companies

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