Leasing

Steady and cost-effective long-term financing

The more dynamic the economic environment, the more vital it is to maintain your company’s freedom of action. Leasing offers you long-term, stable and inexpensive financing as well as flexibility to exploit growth opportunities without having to source for other sources of financing.

You want to upgrade your vehicle fleet and/or modernize your equipment… while saving your cash flow for other expenses… At CIM Financial Services Ltd, our corporate sales team understands what dynamic and fast-growing businesses need and provides unparalleled guidance to promote their growth.

Our leasing solutions for vehicles and equipment match your needs and boost your financial security. The flexible leasing contracts let you use assets against periodic repayments scheduled over 36 to 84 months.

Green Lease

Cim Finance believes that it has a role to play in mitigating the impact of climate change on Mauritius and our planet. We are committed to promoting sustainable actions, which will benefit both our customers and the community.

The Cim Finance green lease financing plan is specially designed to support the purchase of environmentally friendly* vehicles and equipment.

We offer a highly competitive interest rate starting from 5.75% p.a for new electric and hybrid vehicles and financing up to 100%**.

* CO2 emissions level of not more than 79g of CO2/km
**Terms and conditions apply

- Flexible terms for up to 7 years for new cars and 5 years for reconditioned and second hand cars
- Minimum deposit of 10%
- Competitive rates
- The financed asset serves as security
- Submit relevant documents
- Obtain a response within 48 hours following the submission of your file
- If your file is approved, Cim Finance provides up to 90% of the amount before VAT.
- Take delivery of the asset
- Start your monthly payments
- Certificate of Incorporation
- Business proof of address
- Business registration card
- VAT Certificate
- Annual Return/ Financial statements
- NIC /Passport of Directors
- Proof of Address of Directors
- Quotation/Letter from Vendor
- Trade License/Permit/PSV licence
- Bank statement
- Interest rate as from 5.75% p.a for new electric and hybrid vehicles
- Interest rate as from 6.50% p.a for reconditioned and second hand electric or hybrid vehicles
- Funding up to 100%
- Flexible duration of up to 7 years
Standard lease
1. Tenor of the lease can be up to 7 years for new cars and 5 years for reconditioned and second hand cars.
2. Minimum deposit of 10% + vat.
3. Capital and interest shall be paid monthly.
4. Payments shall be done via direct debit.
5. The asset shall be insured with a comprehensive cover.
6. Lease agreement and fees shall be paid prior to release of sales deed.
7. If asset is a second hand one, a survey shall be carried out by a surveyor appointed by Cim Financial Services Ltd.
8. Financing second hand and reconditioning age of vehicle not to exceed 12 years at maturity.
Green lease
1. CO2 emissions level of the asset shall not be more than 79g/km.
2. Tenor of the lease can be up to 7 years for new cars and 5 years for reconditioned and second hand cars.
3. Minimum deposit of 10% + vat.
4. Capital and interest shall be paid monthly.
5. Payments shall be done via direct debit.
6. The asset shall be insured with a comprehensive cover.
7. Lease agreement and fees shall be paid prior to release of sales deed.
8. If asset is a second hand one, a survey shall be carried out by a surveyor appointed by Cim Financial Services Ltd.
9. Financing second hand and reconditioning age of vehicle not to exceed 12 years at maturity.