Asset Based Finance (ABF)

This product involves medium to long-term financing of major working assets acquisitions, such as:


Trucks for local and international cargo transport

Buses for transportation of urban and inter-urban passengers

Construction equipment

Service stations (initial investment, or improvements)

Bolting Lines

Printing equipment

Target Client

Medium and large companies whose main activity involves the operation of assets described above.

Basic Requirements

Meet the standards established by the Bank to become a client.

Tenor

Financing can be granted for a tenor of up to 60 months.

Currency

Local currency (Gourdes) or US dollars.

Guaranty

If applicant meets basic acceptance requirements, loans could be granted with only the pledge/mortgage on the assets to be financed.






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