When it comes to financing your company’s assets, you have to consider the options and decide if buying, leasing or renting would be best.

  • Flexi buy

    Benefits:

    • You own the asset while you’re paying it off.
    • The asset belongs to you once it is paid off.
    • There is no additional fee to be paid.

    What you need to know:

    • You repay capital plus interest.
    • The seller charges full VAT on the cost price, plus interest.

  • Flexi lease

    Benefits:

    • You have use of the asset during the lease period.
    • You have the option of buying the asset at the end of the lease with no obligations.
    • You structure payments to suit your financial needs.
    • Choose between monthly, quarterly or annual rentals.
    • You only pay VAT on each rental when it is due.

    What you need to know:

    • You don’t own the asset at the end of the lease term.    

  • Flexi rent

    Benefits:

    • Affordable, fixed monthly payment.
    • You do repay proportions of capital.
    • Avoid the hassle of ownership.

    What you need to know:

    • The residual value should not be less than 11% of original cost, including VAT.    

Apply nowFind a branch

Need more help?

Call:

Toll Free: 0800750078
+255 (0) 746 882 000 
from 08:30 to 17:00

Email:

clientservicetz@absa.africa