Use this flexible and tax efficient finance lease to fund your plant, machinery, equipment and motor vehicles.  Allowing you to move business forward and even generate income from your assets, this finance lease is an efficient way to keep cash flow in check.

Start my application

How it works

document  - icon
How Flexi Lease works for you
  • Get lease finance for movable assets, plant and equipment
  • Enjoy full use of the assets you need to run your business
  • Option of ownership at the end of the asset finance period
  • Flexible repayment options
  • Minimal additional security needed. In most cases, the asset becomes the principle security
  • Choose from monthly, quarterly or annual rentals and more
  • Free up capital for the core profitable business of the company
  • Existing lines of credit remain undisturbed
  • Eliminate the need to pay VAT up front
  • Rentals are tax deductible as an operating expense
documents- icon
Assets which can be financed
  • Motor vehicles including trucks and delivery vans, buses and passenger vehicles
  • Tractor heads and trailers
  • Agricultural equipment (such as combine harvesters, tractors and accessories)
  • Construction and earthmoving vehicles (such as forklift trucks)
  • Industrial and manufacturing plant equipment
  • IT and office equipment
  • Aircrafts
  • Cranes and hydraulic self-propelled equipment
documents- icon
What you need to know
  • A deposit of 20%* of the total asset cost is required
  • Payment terms are between 1-5 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).

*The deposit requirement may be less or more depending on business performance.

** Terms and conditions may apply; subject to compliance with specific regulations from time to time.

documents- icon
What to bring when you 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
  • Proforma invoice of equipment or vehicle to be financed addressed to Barclays Bank
  • Certified memorandum and articles of association
  • Particulars of directors and secretaries (for non-Barclays 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
  • TIN document for the company
  • Proof of income
  • CVs of directors
speech bubble with question mark icon

Need more help?


Tel: +267 315 9524
Fax: +267 395 9780
Toll free: 080 060 0783


Talk to us