It will take us 4 working days to process your application provided that all required documents have been provided.

This is dependent on the risk profile of the business as we do our credit assessments.

Yes, a deposit of between 20% and 30% of the cost price of the asset is required.

Please refer to the first page of our application form.

Both businesses and individuals.

Yes, one has to have an operational bank account with ACL to apply for a lease.

The asset will be registered in the name of the applicant (lessee).

No, the facility will be secured by the asset being financed.

We prefer brand new assets, however, assets in good state of repair can be financed as well.

Residual value is the estimated value of an asset at the end of the lease period. This payment is made by the lessee to transfer ownership from ACL at the end of the lease period.

Yes, the lease facility can be retired early.

Yes, provided the business is foreign currency generating and proceeds are being banked through ACL.

Yes, subject to exchange control approvals

Yes, we also offer operating leases.

This is determined by your capacity to repay and RBZ prudential lending limits and in any event up to $10 million

We do not finance start-ups, a business should have been in operation for at least 12 months.

Instalments can be tailored to suit the applicant’s cash flow pattern e.g. quarterly or biannual repayments

Yes provided the business generates foreign currency and proceeds are being banked through ACL

Yes, subject to compliance with exchange control regulations.

Our Products