Lease Term

3-5 years

Financing Limit

70-100% of the asset value
(depending on the type of equipment and KF&E’s discretion)

Rent Rates

Fixed rates throughout term

Rent Payment

Fixed monthly installments

Collateral

Personal guarantee and a lien on the equipment registered as collateral

Individuals

• Copy of the ID Card and House Registration of the borrower, spouse (if any) and guarantor – 2 sets
• Copy of name change certificate (if any) of the borrower, spouse and guarantor – 2 sets
• Copy of the marriage or divorce certificate (if any), as well as copy of death certificate of spouse (if any) – 2 sets
• Copy of Commercial Registration / VAT Registration (PhorPhor.20) – 2 sets
• Account statement(s) issued by financial institutions for not less than six consecutive months – 1 set
• Other documents for income assessment, e.g., accounting ledger, deposit account passbook (if any) – 1 set
• Map of business location – 1 set

Registered Businesses

• Certificate of the Business Registration and Company Objectives (issued not over 30 days prior to the financing application date) – 2 sets
• Copy of the Memorandum of Association (BorOrJor. 5/BorOrJor. 2) and Articles of Association – 2 sets
• Copy of the Shareholder Register (not over 90 days prior to the financing application date) – 2 sets
• Copy of the Certificate of Stamp (BorOrJor. 3 / BorOrJor. 4 / HorSor.4 / HorSor.2 / HorSor.3) (not over one month prior to the financial application date) – 2 sets
• Copy of Commercial Registration / VAT Registration (PhorPhor.20) – 2 sets
• ​Copy of ID Card and House Registration of the Authorized Signatory and Guarantor holding together over 50 percent of the total shares – 2 sets
• Financial Statement (Balance Sheet, Statement of Income and Notes to Financial Statement for three consecutive years) – 1 set
• Account statements issued by financial institutions for not less than six consecutive months –1 set
• Tax payment documents (e.g., PhorPhor. 30) – 1 set
• Map of business location – 1 set