A fixed term, fixed rate lease to fund the purchase of vehicles that will be used to generate revenue for your business. The leased asset remains the property of BSP, but the your business has full use of and access to the asset. At the completion of the lease period you (the lessee) return the asset and are offered a replacement/updated asset.
Features:
- Minimum amount - K20,000
- 1 to 5 year term, consistent with the usable life of the asset
- Fixed monthly repayments paid in advance
Benefits:
- Your business is able to lease revenue generating assets without a significant cash outlay; this allows your business to grow faster
- Monthly rental charge can include insurance and other additional services
- Fixed monthly repayments throughout the life of the lease allows for certainty of cash flow
For further information please speak with your Relationship Manager or call BSP Corporate Banking toll free on 180 1100 or +675 305 7900.
