COVID-19 Update

Qualifications and Requirements
 Target Small and big corporate customers

Requirements
 - Quotation of the asset from the supplier and if a corporate, copy of latest audited accounts
 - Management accounts for the current financial year
 - Cashflow projections for the next 12 months
 - 6 months active account

Purpose
 Purchase of assets like vehicles, computers, machinery, etc.

 Interest rate
 Risk Based

Term
 6 - 60 months for brand new assets
 6 - 36 months for second hand assets

Characteristics
 Flexible facility structure

Security
 Normally the asset being purchased: but sometimes we require additional security covering not less than 50% of the facility

 Available
 Credit Department - Head Office

Benefits
 - You obtain the use of an asset even without acquiring it
 - You conserve capital that would have been tied in an asset if bought on cash
 - Leasing gives a flexible repayment structure that is convinient to your cash flow pattern.