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Capital Equipment

VAF

Our Asset Finance is a renowned leader in the provision of finance for the acquisition of capital equipment (Finance Lease) and of annual insurance premiums (Insurance Premium Finance). We are able to draw on extensive expertise to provide you with ideal solutions.

Some of the benefits

Great rates

Get a personalised interest rates based on your affordability

Agility

Make quicker decisions with more spending power

Flexibility

Choose to repay your loan at a pace that suits your business income.

Partnership

Drive your growth strategy with reliable access to funds
How to get it
  • A completed application form 
  • Proof of income  
  • A proforma invoice for your car of choice (preferably from a Stanbic bank partner dealer) 
  • Please visit your nearest branch  or email  [email protected] 

 

 

What it costs

Interest rate

  • Minimum lending rate (currently30% per annum) plus margin
  • N.B this pricing is intended as an indicative basis for consideration and should not be construed as a commitment to lend by Stanbic Bank Zimbabwe or as representing a binding commitment as it is subject to applicable market conditions and legal directives 

Term

  • Fees - up to 4% establishment
  • Deposit/Initial Rental - 20% minimum
  • Tenor – up to 36 months and 60 months for approved assets
What you get
  • Flexible Payment Terms - with up to 36 months and 60 months for approved assets  
  • Access to competitive interest rates 
  • Access to our comprehensive dealer/partner network to help you find your desired movable assets 
  • You do not need to tie up your funds buying asset
  • Frees cash for other operational needs
  • You enjoy the full use of the leased item
  • You can apply for  short to medium-term finance using the leased asset for security
  • Tax benefits
  • The lease can be structured to make repayments flexible
  • How to get it
  • What it costs
  • What you get
  • A completed application form 
  • Proof of income  
  • A proforma invoice for your car of choice (preferably from a Stanbic bank partner dealer) 
  • Please visit your nearest branch  or email  [email protected] 

 

 

Interest rate

  • Minimum lending rate (currently30% per annum) plus margin
  • N.B this pricing is intended as an indicative basis for consideration and should not be construed as a commitment to lend by Stanbic Bank Zimbabwe or as representing a binding commitment as it is subject to applicable market conditions and legal directives 

Term

  • Fees - up to 4% establishment
  • Deposit/Initial Rental - 20% minimum
  • Tenor – up to 36 months and 60 months for approved assets
  • Flexible Payment Terms - with up to 36 months and 60 months for approved assets  
  • Access to competitive interest rates 
  • Access to our comprehensive dealer/partner network to help you find your desired movable assets 
  • You do not need to tie up your funds buying asset
  • Frees cash for other operational needs
  • You enjoy the full use of the leased item
  • You can apply for  short to medium-term finance using the leased asset for security
  • Tax benefits
  • The lease can be structured to make repayments flexible