Asset Based Finance (ABF)

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.

Guarantee

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