to acquire or upgrade equipment, machinery and commercial vehicle to expand my business.
Features
Up to 90% financing
Take advantage of our high loan quantum
Attractive interest rates
Ease your cashflow with cost savings
Up to 5 years tenure
Enjoy flexibility in repayment periods
Details
- Finance up to 90% for new equipment, machinery and commercial vehicle
- Finance up to 80% for used equipment, machinery and commercial vehicle
- Refinance your fully paid up/unencumbered equipment with our Debenture Loan or enjoy high financing for the purchase of your new or used commercial vehicle.
Eligibility
- Singapore-registered entity
How Equipment and Commercial Vehicle Loan Works
Buyer source and obtain quotations for equipment, machinery or commercial vehicle
For unencumbered equipment, customer to provide details of equipment to be refinanced under Debenture Loan
Buyer to submit quotation and relevant documents for loan application
Under Debenture Loan, Hong Leong Finance will obtain a valuation report upon receipt of the equipment details
Upon approval, prepare HP agreement for execution
Delivery of goods
Seller provides Hong Leong Finance with Delivery order and invoice
Hong Leong Finance makes payment upon confirmation that all is in order
Buyer make monthly payment to Hong Leong Finance
