Asset Finance Loan

Asset Finance Loan



  • This product will provide a flexible way to finance up to 80% of brand new assets and 70% of reconditioned assets. Through this product, customers will be able to preserve capital and generate income from the acquired assets as the primary source of repaying for them.
  • Refinancing option will only be acceptable for assets procured within 6 months from the date  of purchase

Product Features

  • Minimum contribution: 20% of the confirmed proforma invoice
  • Tenure: New assets – maximum of 60 months / used assets – maximum of 36 months
  • Ownership remains with the borrower throughout the term of the loan (however, the equipment is mortgaged to CCB)
  • The loan can be repaid at any time during the term of the agreement. The interest component of the payments and the depreciation on the equipment are generally tax deductible, provided the equipment is used to generate assessable income