- 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:
- Freely transferrable in title
- Easy to value and have a predictable value going forward
Acceptable asset types
- Passenger, commercial and personal vehicles
- Forklift trucks
- Agricultural equipment
- Industrial equipment (with a strong resale value on the market)