FINANCE AND LEASING
Bidvest Bank offers cost effective solutions in fleet and asset based finance. Finance and leasing products
Different businesses have different needs. We have developed a wide range of leasing and finance options to cater for our customer’s specific needs.Full Maintenance Leasing
Bidvest Bank’s Full Maintenance Leasing offer covers normal wear and tear, including all routine services, shock absorbers, exhaust components and batteries on all makes of passenger, light and heavy commercial and industrial vehicles. This means that you do not pay for any additional or unforeseen maintenance.Operating Rental
This option offers the same features and benefits as those of Full Maintenance Leasing, and is also generally accepted as being off the balance sheet. The difference is that monthly rental does not include maintenance and repair cover. You can however add on a ‘bolt-on’ maintenance plan.
Financial lease/Intallment sale
Purchase your vehicles and other movable assets and pay these off over an agreed period of time. We will assist you to choose the option that best suits your cash flow and tax position.Sale and Leaseback
Assistance with converting existing owned fleets to leased fleets. The Sale and leaseback option enables a company to fund vehicles more tax efficiently, whilst generating capital that can be employed in other areas of the business.
Benefits
- Transfer depreciating assets of the company’s balance sheet
- Continued use of assets – no disruption or time delays
- Capital injection into business
- Improved cash flow
- All benefits with respect to ownership, resale value and maintenance
Bidvest Bank Limited is a licensed financial services provider and a registered credit provider, NCRCP17. The only valid Bidvest Bank websites are
www.bidvestbank.com and
www.bidvestbank.co.za. Beware of websites purporting to be either a Bidvest Bank website or a site associated with Bidvest Bank -
these sites are fraudulent. Please report any such site to
fraudsquad@bidvestbank.co.za.