Features

• Open to salaried income persons, SMEs and Corporates
• Equity contribution as low as 10% of invoice value
• Competitive pricing
• Up to 48 months tenor
• Wide variety of vendors to choose from

General Requirements

• Completed Vehicle Lease Application Form
• Pro forma invoice from any of the Bank’s approved vendors
• Credit Checks
• Blank transfer of ownership Form

Additional requirements for Salaried income persons

• Completed Vehicle Finance Application form
• Pro form invoice addressed “Access Bank/Customer’s name”
• Vehicle Inspection report & agreement (Pre-owned vehicles only)
• Copy of Staff ID
• Credit checks
• Executed Offer letter
• Executed Term sheet
• Blank transfer of ownership

Requirements for Business Enterprises and Corporates

• Completed Vehicle Finance Application form
• Pro form invoice addressed “Access Bank/Customer’s name”
• Vehicle inspection report & agreement (Pre-owned vehicles only)
• Credit checks on the company and the promoter/directors
• Executed Offer letter
• Executed Term sheet
• Blank transfer of ownership

Additional Document for Business Enterprises

• One (1) year bank statements (other banks)
• Simple Resolution
• Certificate of business registration & Form of application of registration of business name

Additional Document for Incorporated Companies

• Recent (two) 2 years audited financials or management account
• Board Resolution
• CAC documents (CAC 2, CAC 7, Certificate of Incorporation)
• Personal guarantee and notarised statement of net worth of a director