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Asset Finance

Acquire essential assets without the burden of full upfront payment. NCBA Asset Finance supports individuals and businesses with up to 80% financing on a wide range of assets, including vehicles, machinery, and equipment. With flexible repayment terms and tenors of up to 5 years, you can grow your operations while preserving cash flow.

Features:

  • Financing of up to 80% of the asset value.
  • Flexible repayment options aligned to cash flow (monthly, quarterly, etc.).
  • Maximum repayment period of up to 5 years, depending on asset type.
  • Applicable for brand-new and selected used assets (up to 8 years old for approved brands).
  • Joint registration of financed assets between the bank and the borrower.
  • Full ownership is transferred to the borrower upon completion of the loan.
  • The facility is subject to comprehensive insurance coverage for the asset.
  • Available to individuals, businesses, institutions, and NGOs.

For more information, contact us: +255 767 486526/+255 685 701036/ Email: contacttz@ncbagroup.co.tz

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