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What do you want to do:

  • Personal
  • Private
  • Business
  • Corporate
Jet and sport car

Our asset finance can help your business grow

Our asset finance solutions can help you grow your business by financing your specific needs for vehicles and equipment.

 

Apply now

Finance lease
  • Absa purchases the asset and leases it to you on credit terms under a finance lease agreement.
  • You rent the asset for an agreed term and make a fixed repayment that includes proportions of capital and interest charges.
  • At the end of the lease, you have the option to buy the asset against a book value (residual value).
Sale and leaseback
  • You (as the current owner) sell the asset to Absa and in turn the bank leases it back to you.
  • Assets under sale and leaseback will be financed through a finance lease.
How it works
  • What you get

    • It is available in Mauritian rupees and major foreign currencies.
    • We finance up to 100% of the cost price of the asset (excluding insurance and VAT).
    • The maximum term is 7 years.
    • Fixed and variable interest rates are offered.
  • What you need to know

    • Selected second-hand assets financing is permissible.
    • There is no requirement to inscribe charge or register a lien on the asset.

    Type of assets financed

    For assets to be considered acceptable for financing through asset finance, they must be:

    • Moveable
    • Freely transferrable in title
    • Identifiable
    • Durable
    • Easy to value and have a predictable value going forward

    Acceptable asset types

    • Passenger, commercial and personal vehicles
    • Trailers
    • Forklift trucks
    • Agricultural equipment
    • Industrial equipment (with a strong resale value on the market)

Apply now

Need more help?

Call:

Tel: +230 402 1000
(24/7 Contact Centre)

Email:

customer.contact@absa.africa

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Sitemap | Absa Bank (Mauritius) Limited (registered number C10068913). Absa Bank ( Mauritius) Limited is regulated by the Bank of Mauritius and the Financial Services Commission.

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