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R-MFB ASSET FINANCE FACILITY
R-MFB ASSET FINANCE FACILITY
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Short term asset finance and lease requirement for individuals and corporate bodies.
Applicant could be a firm with a good business track records of about 3years and must maintain account with R-MFB for a minimum of 3 months.
Firm must have reliable cash flow for 3years and a payment plan.
Loan tenure not exceeding 24 months of repayment.
Compulsory insurance for assets financed with R-MFB as first loss payee.
Assets financed must be in the name of R-MFB until full repayment must have been made.