​​​​​Equipment Hire Purchase

No large upfront capital needed​​
for new equipment

Ownership is transferred to you at the end of the contract

​​
Linked Slide

Fixed monthly installments
Ownership is transferred at the end of the contract

Minimum term of 1 Year

Equipment can be located on any land

...Even on land mortgaged with other financial institutions

Fixed Rental Payments

Guard against interest rate fluctuations

Increased Liquidity

Large upfront capital not required for equipment purchases

Examples of Eligible Businesses

Mining
Ground Excavation/Earth and Stone Moving

Publishing

​​

Transport and Logistics

IT and Communications

Iron and Plastics

Processing

Product ​Details

​​Details

​Lease Term

​1 - 5 years

Financing Limit

At KF&E’s discretion


Rental Rates

Fixed rates throughout term

Rent Payment

Fixed monthly installments

Collateral

At KF&E’s discretion

How to Apply

Qualifications​
  • Registered businesses, including limited liability companies and limited partnerships, or private individuals conducting a business
  • At least 3 years in business
Required Documents

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