Criteria for Eligibility:

• Good business track record in running businesses
• High net worth of the sponsors
• Procurement of machinery, equipment and vehicle
• Satisfactory financial performance and good future business prospect
• High net-worth of the sponsors

Loan Limit:

• Up to 80% of the total acquisition cost of the asset.

Features:

• Legal ownership with AFPLC till the adjustment of total outstanding of the lease amount
• Ownership will be transferred to the lease at the end of the facility
• Loan Tenure: Up to 5 (years) years with a reasonable moratorium period
• Mode of Repayment: Usually through monthly or quarterly installments