Asset loan
It is a normal loan between a lender and a borrower for the puchase of an asset
AME Leasing Kenya Ltd will retain substantially all the risks and rewards relating to the ownership of the asset
How does Asset Loan Agreement work
- In an asset loan structure, the lender finances the purchase of the asset by the borrower in accordance with the terms of an asset loan agreement.
- Title to and the ownership of the asset will be transferred to the borrower when all installments have been paid
Benefits of entering into an asset loan agreement with us:
- Greater flexibility to your company as you can replace equipment more often
- Entitlement to the manufacturer's warranties and after sales services
- Deductibility of Capital allowance
- Lease payments are tax-deductible