Centenary Bank – Lease Loan

This is a short-to-medium term finance lease product targeted at customers engaged in agricultural production, processing & marketing and other business activities outside the agricultural sector like transportation, trade & commerce, education services, health services, small-scale processing/ manufacturing, hotel & recreational services, for the purpose of acquiring productive assets/equipment. The bank leases assets/equipment to the customer in exchange of payment of periodic rentals for whole lease period. The customer automatically owns the asset once all the agreed lease payments/rentals have been made.

Requirements: Current or savings Bank Completed lease application form Financial Card Cash contribution for the asset/equipment purchase Valid identification of the lease and the leased asset Applicant resident within the branch’s designated area of operation Possession of relevant business

5 year tenure.

Address: Centenary Bank, Head Office: Mapeera House, Plot 44-46 Kampala Road & Plot 2 Burton Street. P. O. Box 1892 Kampala Tel: 0800 200555, +256 317202315, +256 417 202 002. E-mail: info@centenarybank.co.ug

5 years max - Interest rate charged on declining balance - Secured on the leased item