Equipment and Commercial Vehicle Loan

Equipment and Commercial Vehicle Loan

Empowersme to invest confidently in assets

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Investing in the right tools can make all the difference for your business. At Hong Leong Finance, our straightforward application process and flexible terms mean you can get the funds you need without delay. Whether you’re upgrading factory lines, adding to your vehicle fleet or modernizing your office setup, our SME equipment and commercial vehicle loans are built to support your growth.

Highlights

  • 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 it works

Step 1
One

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

Step 2
Two

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

Step 3
Three

Upon approval, prepare HP agreement for execution

Step 4
Four

Delivery of goods

Step 5
Five

Seller provides Hong Leong Finance with Delivery order and invoice

Step 6
Six

Hong Leong Finance makes payment upon confirmation that all is in order

Step 7
Seven

Buyer make monthly payment to Hong Leong Finance

Business Loan
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Business facing cashflow issue? Get HIGH Business Loan at ATTRACTIVE Interest Rate from Hong Leong Finance.

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Contact & Support

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