Car Lease

A finance option available to customers buying a car.

• Available for new and used cars within 5 years of age
• Sterling Bank finances up to 80% or 70% of the value of the car as the case may be
• Maximum tenor of 48 months
• Sterling Bank raises a draft in favour of the vendor
• Car is comprehensively insured noting Sterling as the first loss payee
• Ownership resides with Sterling until the loan is fully repaid

Benefits

• Equity contribution is just 20%.
• The vehicle financed serves as the security as ownership resides with the Bank until the loan is fully repaid
• 5% comprehensive Insurance to cover the cost of the asset.

For more information on any of our Sterling Acquire, click here to send us a mail