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Vehicle Finance |
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Other Business Vehicles
Nedbank Lesotho will help you finance new vehicle
and pre-owned vehicles for your growing business
needs.
Conditions for pre-owned vehicles finance:
- Mileage not more than 60,000
- Not more than 3 years old
- AA report should be submitted
Qualifying Criteria
- Quotation of Vehicle
- Quotation of Insurance
- Deposit of not less than 20%
- Application Letter
- Passport
- Latest Financial Statements
- Registration Documents
Terms and Conditions for Vehicle Finance (including
trucks, taxis, and other vehicles)
Full and final payment for vehicles financed by the
bank will be made when the following are met:
- Original Invoices from the dealer stating engine
numbers, chassis numbers, Year model and Price
inclusive of VAT is submitted to the bank
- The Vehicle to be registered in Lesotho in the
name of the client
- The vehicle registered on behalf of the client by
Transport Logistics Consultants (Pty) Ltd
- Vehicle to be comprehensively insured for a full
year in advance with Nedbank Lesotho interest noted
- Client has signed the Installment Sale Agreement
with the bank
- A complete set of registration papers for the
vehicle are submitted to the bank
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