In today’s article, we will discuss Absa vehicle and asset finance in South Africa.
Vehicle and asset finance is a loan given to purchase assets such as motor vehicles, plants, and machinery for your business.
With Vehicle and asset finance, your business moves flexible, hassle free vehicle and asset finance for new or used cars.
The Vehicle and asset finance also assist by providing fleet management services.
Absa Vehicle And Asset Finance
The Absa vehicle and asset finance offer the following products:
- Commercial asset finance
- Fleet management
- Fleet card
Commercial asset finance offers vehicle and asset loans, including installment sale agreements, finance lease agreements, operating lease agreements, and Islamic vehicle and asset finance.
Commercial asset finance also has specialized finance like aviation finance, which offers industry-led expertise in aircraft importation and local sourcing, and marine finance, which provides loans with repayments suited to your cash flow and businesses.
Fleet management helps you with full maintenance leases, operating rentals, and managed=maintenance.
The fleet card is accepted at all toll plazas in South Africa and approximately 16000 fuel and repair merchants nationwide.
These are the products offered in vehicle and asset finance in South Africa.
Features of The Vehicle And Asset Finance In South Africa
Depending on the size of your company and involvement, you may get to qualify for competitive fees or rentals.
The Vehicle and asset finance provide you with comprehensive advice and administrative procedures.
It takes care of sourcing and disposal of vehicles, manages associated documentation, and handles licensing and administration.
It sets up exception-based reporting systems that suit all your needs.
Absa Vehicle finance manages all residual value and maintenance risk on your fleet vehicles.
These are the features of Vehicle and asset finance in South Africa.
What Are The Benefits
You are provided with flexible terms for the loan.
In any case of death, loss of income, or disability, all your balance is settled.
You get comprehensive advice before making a decision and administrative procedures.
Absa vehicle and asset finance installs tracking units and arranges monthly fees on your behalf.
These are the benefits of the Absa vehicle and asset finance in South Africa.