I am interested in the

Through SBM Asset Finance you can easily obtain machinery or vehicles to scale your business operations. Acquire moveable long-term assets such as:

  • Motor Vehicles – Saloon cars & Pickups
  • Trucks and Buses – This includes trucks above 15 tonnes as well as buses that are 21 seaters and above such as school buses
  • Prime Movers and Trailers
  • Construction machinery and equipment – includes but not limited to, Excavators, Rollers, Graders, Mixers, Cranes, Crushers etc.

Why choose the Asset Finance

For existing and new to bank clients

Competitive interest rates compared to the market

Quick turnaround time between request and access to loan

60 days repayment moratorium

Upto 100% financing

Eligibility / Documents Required

  • Business Identification Documents
  • Certified Bank statements – 6 months for Corporates and 12 months for SME.
  • Proforma invoice
  • Download, Fill and submit this form at your nearest branch.

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Rates & Fees

  • Interest is pegged on the Bank base rate + 3.1%p.a. for new units, and +4% for used units all calculated on reducing balance
  • Processing fees of 1.5 % for new units and 2% for used units
  • Credit Life with retrenchment cover rider.
Asset Finance for your Business