Unparalleded expertise and experience in business banking.
Loans tailored to your exact business requirements.
Grow your business fleet with Commercial Asset Finance. We offer a comprehensive range of business vehicle and equipment finance.
- Finance Lease: Absa purchases the assets and leases them to your business on an agreed credit term with fixed repayments.
- Sale and Leaseback: Sell your business assets to Absa and lease them back.
What you get
- Available in local currency or major foreign currencies
- Finance up to 90% of the cost price of the asset (excluding insurance and VAT)
- Maximum term of 5 years
- Variable interest rates
- Financing of selected second-hand assets
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
Grow your business and our economy with an SME Loan. Get a loan, import loan, overdraft or asset finance credit facility for your SME.
- Easy access: Available to SMEs that meet government criteria.
- Current rates: Linked to the current system rate.
- Save on fees: We offer competitive processing fees.