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Why buy if you can Flexi Rent it?

Wit Flexi Rent, you get all the benefits of using an asset without having to worry about the costs of buying it and the rental costs are structured to suit your cash flow.

Apply now

What you can expect

How Flexi Rent works for you
Get rental finance for movable assets, plant and equipment.

There’s no need to pay a deposit.

Enjoy full use of your rented asset.

Minimal additional security needed. In most cases, the asset becomes the principle security.

Flexible structuring of rental to suit your cash flow.

Free up capital for the core profitable business of the company.

Existing lines of credit remain undisturbed.
Assets that can be financed
Personal motor cars

IT and office equipment
What you need to know
You pay back 80% of the total cost and at the end of the specified period you return the asset to us.*

Payment terms are between 1 and 3 years.

The financed assets must be tangible, insurable, movable (including plant and machinery bolted to the floor) and identifiable (excludes gym equipment unless we can identify by tagging ID numbers).

* Terms and conditions may apply; subject to compliance with specific regulations from time to time.
What you need to bring to apply
Application (registered resolution to obtain facility)

Business plan or company profile

3 years’ audited financial statements and most recent management accounts

Cash flow projections, projected income statements and balance sheet for the finance period

12 months’ bank statements

Pro-forma invoice of equipment or vehicle to be financed addressed to Absa

Certified memorandum and articles of association

Particulars of directors and secretaries (for non-Absa clients)

Annual returns and tax clearance

VAT registration certificate

Company profile

Valid trading license

Proof of equity contribution

Copy of financial card for the company and signatories/directors

Certified certificate of incorporation

Tax identity number (TIN) document for the company

Proof of income

CVs of directors

Apply now Find a branch

Need more help?

Call:

Toll Free: 0800 222 333
Tel: +256 (0) 312 218 348

Email:

absa.uganda@absa.africa

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Sitemap | Absa Bank Uganda Limited, company registration number 4227. Registered Office: Plot 16 Kampala Road, P.O. Box 2971, Kampala, Uganda. Absa Bank Uganda Limited is regulated by the Bank of Uganda. Customer deposits are protected by the Deposit Protection Fund of Uganda.

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