Having the equipment or vehicle that is most suitable to you or to your business and defining how and how much you want to pay makes all the difference. That is why Movable Leasing gives you total flexibility to choose the term and the rent you want to pay.
Movable Leasing is a financial leasing contract celebrated between Nedbank Mozambique(Lessor) and the Client (Lessee), which allows the Client to use the leased movable asset during the contract period against payment of a rent, at the end of which the Client has the option of acquiring the asset for a value agreed upon at the start of the contract (residual value).
Benefits
- Possibility of financing up to 90% of the asset to be acquired
- Attractive lease rentals due to the existence of a residual value
- Exemption from Stamp Duty
- Existence of a residual value that allows one to delay the payment of part of the financing until the end of the contract
- Possibility of assigning the contractual position during the contract period
- Possibility of meeting investment needs without having to draw on own funds
- Possibility of planning cash flows by adjusting the repayment of the financing to the cash flow generated by the investment made
Currency
- Metical (MZN)
- Dollar (USD)
Term
- New vehicles:
- Minimum: 18 months (1.5 years)
- Maximum: 84 months (7 years)
- Used vehicles:
- Minimum: 18 months (1.5 years)
- Maximum: 60 months (5 years)
- New equipment:
- Minimum: 18 months (1.5 years)
- Maximum: 84 months (7 years)
- Used equipment:
- Minimum: 18 months (1.5 years)
- Maximum: 36 months (3 years)
Maximum value
- 90% of the value of the asset
Initial deposit
- Up to 60% of the financing value
Residual value
