Equipment & Asset Financing Loan - Earnwell Microfinance Bank

Equipment & Asset Financing Loan

Acquire assets for your business with flexible payment plans. Get the equipment, vehicles, or machinery you need today and pay over time.

20-30% Initial Deposit
12-60 Months Tenure
Fast Approval
Agricultural Machinery
Agricultural
Office Equipment
Office
Medical Equipment
Medical

Why Choose Our Equipment & Asset Financing

Flexible asset financing solutions designed to help your business grow without straining your cash flow.

Low Initial Deposit

Start with as low as 20-30% initial deposit and spread the remaining cost over convenient monthly installments.

Flexible Tenure

Choose repayment periods from 12 to 60 months to suit your cash flow and business needs.

Fixed Interest Rates

Enjoy predictable monthly payments with our fixed interest rates throughout the loan tenure.

Ownership Transfer

Own the asset outright after completing all installment payments - no hidden clauses.

Fast Approval Process

Get quick approval within 48-72 hours with minimal documentation and streamlined processing.

Asset Insurance Options

Protect your investment with comprehensive insurance options available for all financed assets.

How Equipment & Asset Financing Works

A simple 5-step process to acquire assets for your business

1

Select Asset

Choose the asset you need from any approved supplier or dealer.

2

Apply Online

Submit your equipment financing application with required documents.

3

Approval

Get approval within 48-72 hours after document verification.

4

Pay Deposit

Make the initial deposit (20-30% of asset value) to initiate the process.

5

Asset Delivery

Receive the asset and start using it while making monthly payments.

What You Can Finance

We provide equipment financing for a wide range of business assets

Agricultural Machinery

Tractors, harvesters, irrigation systems, processing equipment, and other farm machinery to boost agricultural productivity and efficiency.

Industrial Equipment

Manufacturing machinery, construction equipment, production lines, and industrial tools to enhance production capacity and operational efficiency.

Medical Equipment

Hospital beds, diagnostic machines, dental equipment, lab instruments, and medical devices to improve healthcare service delivery and patient care.

Office Equipment

Computers, printers, servers, furniture, communication systems, and office technology to create efficient and productive work environments.

Documentation Requirements

Simple documentation process for quick approval

Identification Documents

Valid government-issued ID (Driver's License, International Passport, or National ID Card) for all directors and signatories to the account.

Proof of Address

Utility bill or any document showing your residential address (not more than 3 months old) for verification of business and personal addresses.

Asset Quotation/Invoice

Proforma invoice or quotation from the supplier for the asset to be purchased, detailing specifications and pricing information.

Business Documents

CAC documents, business bank statements (6 months), proof of business registration, and tax identification number (TIN) where applicable.

Repayment Calculator

Calculate your monthly installments based on asset value and tenure

18%
Monthly Installment
₦0
Total Loan Amount
₦0
Total Interest
₦0
Initial Deposit
₦0
Total Repayment
₦0

Ready to Acquire Your Business Assets?

Start your equipment & asset financing application today and get the equipment you need to grow your business.

Financial Partners

Verified by MonsterInsights