Features
![Up to 90% financing](/assets/images/corporate/loans/features/up_to_1_point_1_returns.png)
Up to 90% financing
Take advantage of our high loan quantum
![Attractive interest rates](/assets/images/corporate/loans/features/competitive_interest_rate.png)
Attractive interest rates
Ease your cashflow with cost savings
![Up to 5 years tenure](/assets/images/corporate/loans/features/flexible_tenures.png)
Up to 5 years tenure
Enjoy flexibility in repayment periods
Details
- Finance up to 90% for new equipment, machinery and commercial vehicle
- Finance up to 80% for used equipment, machinery and commercial vehicle
- Refinance your fully paid up/unencumbered equipment with our Debenture Loan or enjoy high financing for the purchase of your new or used commercial vehicle.
Other Benefits
Eligible for free Exclusive Privileges Programme membership
- Enjoy up to 30% off for hotel dining and discounted hotel stay
Eligibility
- Singapore-registered entity
How Equipment and Commercial Vehicle Loan Works
![Buyer source and obtain quotations](/assets/images/corporate/loans/equipment/infographics/icon-1.jpg)
![One](/assets/images/general/infographics/one.png)
Buyer source and obtain quotations for equipment, machinery or commercial vehicle
For unencumbered equipment, customer to provide details of equipment to be refinanced under Debenture Loan
![Buyer to submit quotation](/assets/images/corporate/loans/equipment/infographics/icon-2.jpg)
![Two](/assets/images/general/infographics/two.png)
Buyer to submit quotation and relevant documents for loan application
Under Debenture Loan, Hong Leong Finance will obtain a valuation report upon receipt of the equipment details
![Prepare HP agreement](/assets/images/corporate/loans/equipment/infographics/icon-3.jpg)
![Three](/assets/images/general/infographics/three.png)
Upon approval, prepare HP agreement for execution
![Delivery of goods](/assets/images/corporate/loans/equipment/infographics/icon-4.jpg)
![Four](/assets/images/general/infographics/four.png)
Delivery of goods
![Seller provides HLF with Delivery order and invoice](/assets/images/corporate/loans/equipment/infographics/icon-5.jpg)
![Five](/assets/images/general/infographics/five.png)
Seller provides Hong Leong Finance with Delivery order and invoice
![HLF makes payment upon confirmation](/assets/images/corporate/loans/equipment/infographics/icon-6.jpg)
![Six](/assets/images/general/infographics/six.png)
Hong Leong Finance makes payment upon confirmation that all is in order
![Buyer make monthly payment to HLF](/assets/images/corporate/loans/equipment/infographics/icon-7.jpg)
![Seven](/assets/images/general/infographics/seven.png)
Buyer make monthly payment to Hong Leong Finance