What you can use this loan for.
This loan can help pay for machinery, equipment, furniture, office technology, and other assets used for work. The financed asset may be considered as security after assessment.
How this loan works
- Buy machinery or production tools
- Purchase office technology or furniture
- Use the asset for income-generating work
- The financed asset may be considered as security
Who this loan may suit
- Businesses acquiring income-generating assets
- Professionals needing productive equipment
- Applicants with supplier quotations
- Customers able to demonstrate repayment capacity
Documents we may ask for
We may ask for identification, income or business records, a supplier quotation, and a description of the asset.
How the amount and terms are decided
Approval, loan amount, repayment period, interest, and security requirements depend on our review of the asset type and value, supplier documentation, repayment capacity, security, and credit assessment. Terms apply.