Our asset finance solutions can help you grow your business by enabling you to buy the vehicles, plant and machinery you need.

I'm interested

Choose between a Finance Lease or Sale and Leaseback

Finance Lease
  • Barclays purchases the asset and leases it on credit terms to you under a finance lease agreement.
  • You rent the asset for an agreed term and make fixed repayments that include proportions of capital and interest charges.
  • At the end of the lease, you have the option to buy the asset against the book value (residual value).
Sale and Leaseback
  • You (as the current owner) sell the asset to Barclays and in turn the bank leases it back to you.
  • Assets under Sale and Leaseback will be financed through a finance lease.

How it works

What you get
  • Available in Mauritian Rupees and major foreign currencies
  • We finance up to 100% of the cost price of the asset (excluding insurance and VAT)
  • Maximum term of 7 years
  • Fixed and variable interest rates are offered
required documents
What you need to know
  • Selected second-hand assets financing is permissible
  • There is no requirement to secure collateral against the asset

Type of assets financed

For assets to be considered acceptable for financing through Asset Finance they must be:

  • Moveable
  • Freely transferrable in title
  • Identifiable
  • Durable
  • Easy to value and have a predictable value going forward

Acceptable asset types

  • Passenger, commercial and personal vehicles
  • Trailers
  • Forklift trucks
  • Agricultural equipment
  • Industrial equipment (with a strong resale value on the market)
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Need more help?

Call:

Tel: +230 402 1000
(24/7 Contact Centre)

Email:

customer.contact@barclays.com

Talk to us