LOANS AND ADVANCES
The various types of loans are:
It mainly involves the granting of loan facilities to individuals who are gainfully employed or has a regular flow of income. The aim of the loan is to enable individual meet necessary needs.
Our lease facilities includes:
This is an agreement between the lessee and the lessor, where the lessor agrees to finance the purchase of an asset for the lessee, who in turn agrees to a structure repayment of the value of the asset as well as a margin of income to the lessor. The asset purchased serves as the collateral for such facilities. Repayment can be structured to suit the cash flow of the lessee. The title of the asset reverts back to the lessee after full and final servicing of all obligations on the lease agreement. This type of facility is available for individual, enterprises and corporate organization.