- Machineries (e.g. whole range of production lines and machines)
- Commercial vehicles (e.g. passenger and commercial lorries, buses, taxis, prime movers, trucks)
- Industrial equipment (e.g. excavators, forklifts, backhoe loaders, cranes)
Commercial & Industrial Hire Purchase
A facility to upgrade or buy machinery and equipment as part of expanding your business capacity without incurring high upfront payment.
Margin of finance:
Up to 90%
Loan period:
Up to 60 months/5 years
31/12/2024
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This is offered to new, used, reconditioned, and commercial vehicle dealers for the purchase of motor vehicles stock.
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
For motor dealers, and credit and leasing companies related to hire purchase and leasing activities.
For motor dealers, and credit and leasing companies to transform their working capital by discounting blocks of hire purchase and leasing agreement receivables for present cash.
Margin of finance
Up to 90%
Loan period
Up to 60 months/5 years