Finance lease product for acquisition of pre-owned imported vehicles.
- Loan facility is as low as N500,000.00
- Covers assets like pre-owned imported vehicles and mid-size generators only
- Facility runs from 6 to 48 consecutive months
Benefits to Customers
- Eliminates cash flow burden associated with outright purchase of asset/equipment
- Allows beneficiary to own now, use now & pay later through pre-agreed convenient repayments
- Enables organizations to motivate their staff through the group asset acquisition schemes
- Competitive interest rate and fee structure
- Duly completed Loan Application form
- A mandate of the authorized person(s) of your organization who is/are qualified to introduce eligible staff of your organization to Wema Bank Plc.
- Letter of Introduction on the staff endorsed by the authorized signatory of your organization
- A letter of Irrevocable Salary Domiciliation issued by the eligible staff, instructing that his/her salary be maintained with Wema Bank, which shall be endorsed by the authorized signatory of your organization. Formats of such letters shall be provided for ease of implementation.