Explore Our Long-Term Working Capital Facility
These are facilities that are offered to customers between 1 year to 10 years. The asset must be an income-generating asset for the lessee
Business Vehicle Finance Details
At an annual rate of 17%, BANK OF AFRICA in less than 10 days will assist you with financing to acquire a vehicle for your business from CFAO
- Facility application letter
- Company Profile
- 3 years audited financial statements for most recent year
- Cash flow projections for the tenure of the facility
- Bank statements from major banker(s)
- Pro – forma invoice from CFAO
- Equity contribution of 25% of the value of the car
Equipment Fiancing Details
We provide businesses with funds to purchase equipment and machinery needed to operate and grow your business.
- Facility application letter
- Company Profile
- 3 years audited financial statements for most recent year
- Cash flow projections for the tenure of the facility
- Bank statement from major banker(s)
- Pro – forma invoice from supplier
- Equity contribution of at least 20% of the value of the equipment
Assets with a high degree of obsolescence should be financed only with a tenor not exceeding two years.
