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Asset Finance

Asset Finance

Purpose

This product finances the acquisition of equipment & machinery e.g. industrial equipment, agricultural assets, specialized medical equipment or process machinery.

Key features

The product is more suited for enterprises with collateral challenges, where the Bank uses the asset financed to enhance the collateral value

Duration

Tenure from 4 to 8 years inclusive of 3 years of grace period depending on the usable life.

Products and services brochure

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