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FAQ's

What type of equipment/assets can I lease from ACL

You can lease any form of productive equipment from mining equipment, agricultural equipment, medical equipment and industrial equipment. Motor vehicles, generators and any other moveable assets requirement by the business can also be leased from ACL.

How do I benefit from ACL leasing facility
  • Leasing conserves cash.
  • The lease term is usually proportionate to the most productive economic life of the asset.
  • Lease payments are fixed for the period of the lease and are thus easier to budget for.
  • The lease can be structured to offer the lessee a flexible repayment schedule as to meet the requirements of the lessee in any particular industry.
  • Hedge against technological obsolescence.
What is the procedure for applying for a lease? How does it work?
  • Applicant completes an application form ( link to application forms).
  • Applicant submits the completed application form together with required documents to ACL. (link to requirements).
  • ACL performs credit assessment which takes four (4) working days.
  • If approved, applicant will be advised of the amount to deposit towards initial rental.
  • Lease agreements will be drafted for signature by applicant.
  • Once initial rental has been received, ACL pays for the asset direct to the supplier.
  • Equipment is delivered and accepted by Lessee.
  • Lessee ensures assets are insured.
How do I become a customer
  • Please call us at +263 4 705503 or send us an e-mail on enquiries@africancentury.co.zw
  • Our Business Development personnel will guide you through the whole process.
  • Once you are an approved customer, you will be provided with the relevant leasing agreement documents.
  • An Account Relationship Manager will be assigned to you who will make sure all your needs are met.
Who qualifies for lease financing with ACL?
  • Any trading business
  • Individuals
  • Non-Governmental Organisations.
  • Churches
  • Schools and academic institutions
What is ACL′s average turnaround time for credit decisions?
  • Four working days
Why should you use ACL for your lease financing company?
  • Competitive pricing
  • Strong liquidity through dedicated credit lines
  • Diverse and international Board
  • Strong shareholder Support
  • Our management team consists of seasoned professionals
  • Focused and specialised entity
  • Passion for excellent service
  • Market leader in asset financing
  • Proven track record I supporting major economic sectors
  • Part of multinational investment group
  • Strong partnership with all major car dealers
  • Flexible Financing options