Asset specification
Provide a clear description, condition, supplier and purchase price.
Asset finance
Finance for productive assets with a clear commercial purpose.
Asset finance may support the acquisition of vehicles, machinery, technology or specialist equipment. The assessment considers the asset, purchase price, useful purpose and repayment capacity.
Asset finance
Match the finance term to the useful life of the asset.
A well-structured asset-finance request includes a supplier quotation, details of the asset, the business or personal purpose it will serve and a repayment period that remains appropriate for the expected useful life of the asset.
Speak with the VUKA teamEconomic purpose
Explain how the asset will support income, productivity or another defined requirement.
Repayment structure
Select a term that balances affordability with the expected value and use of the asset.
Application preparation
Asset-finance information
The assessment requires reliable information about both the purchaser and the asset.
- Formal supplier quotation or sale agreement
- Description, age and condition of the asset
- Income or business cash-flow records
- Deposit information where applicable
VUKA finance guidance
Make the decision from complete information.
Applications are assessed individually. The approved amount, repayment period and final credit terms depend on affordability, verification and the completed assessment.
R10,000Configured minimum application amount
6 monthsConfigured minimum repayment period
6% p.a.Current website planning rate
Every application is assessed on its own verified information.
The approved amount, term and repayment schedule are communicated after the assessment and before customer acceptance.