Individual product
Asset Finance / Lease
Part-finances a specific asset for personal or commercial use.
Who it is for
Individuals buying an asset.
Recommended collateral
Fixed charge or joint ownership of the asset, post-dated cheque, standing payment order (Remita), third-party guarantee or insurance policy
Risk acceptance criteria
- Regular and verifiable income
- Pro-forma invoice for the asset from a reputable vendor
- Equity contribution towards the asset
- No non-performing loan with any lender
- Guarantor with verifiable income
