Sale & Lease Back

Key Features

Funding

Finance above MVR 100,000/- through pledging your equipment, fixtures, vehicles and vessels

Repayment Scedule

Enjoy repayments to 48 months (4 years)

Insurance

Equity of 20% from customer
Requirements
  • Repayment term subject to age of asset
  • Insurance of asset is mandatory throughout the lease period
  • Assets to be arranged for lease back, to be owned by customer
  • Secondhand assets only considered after valuation by professionals accepted by MFLC
  • Where assets are to be imported, terms to be negotiated with MFLC for payment arrangement
  • Bank statements to support income verification
Eligibility
  • You must be a locally registered Entity, with a successful track record of business
  • You must have on record for the most recent 02 years a profitable financial performance
  • You must not have a bad credit history in the past 5 years.

How It works?

Finance Lease – Sale & Lease Back option allow businesses to raise finance by pledging the assets of the customer to raise a funding line.

Whatever your business funding requirement, be it to fund your business expansion opportunities or injecting supplementary working capital, our Sale & Lease back facility provides customer the flexibility to utilize their existing asset base to raise funding through us.

MFLC Lease It, for flexible leasing solutions!

How to apply?

  1. Enquire us your requirement and arrangement request
  2. Facilitate us with any relevant document requests to meet conditional requirements
  3. Visit Us – when we request, to discuss on your ideal arrangement for terms
  4. Sign the Lease Agreement – understand the terms and conditions
  5. Receive your goods – by having them delivered to you by the vendor