• 2, Ramat Crescent, Ogudu
    GRA, Lagos, Nigeria

  • +234 706 5357 910, +234 904 4845 077
    info@enterpriseassetleasing.com

ENTERPRISE NON-MAINTAINED LEASE

ENTERPRISE NON-MAINTAINED LEASE (NML)

This offering is an arrangement where all operating costs are packaged in a way that the lessee would be made to pay a percentage of asset cost as caution fee which does not form part of the cost of the asset. The lessee would be entitled to have ownership of the asset; bear the risks, obligations and benefits associated with ownership if the lessee is ready to apply and pay 15% of the asset cost at the end of the lease contract as payment for purchase of the asset.


If otherwise, the lessee wants the caution fee refunded, the vehicle shall be assessed by an independent assessor for damages and associated costs of repairs. The balance if any would be refunded and if not up-to shall be made up for the repairs by the Lessee.

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Benefits of Enterprise Non-Mintained Lease

  • Lower effective interest rate by client
  • Refundable caution fees at the successful transaction
  • Effective and efficient accident and claims management
  • Great discount enabled by our purchasing power




Features of Enterprise Non-Maintained Lease

  • Brand new vehicles
  • Refundable caution deposit of minimum of 30%
  • 36 months tenor
  • For consumer clients
  • One fixed monthly payment (insurance, and cost of vehicle included, tracking, and other fees)
  • Zero percent interest rate
  • For High Net Worth Clients




Requirements

  • Payslip for the last 3 months
  • Bank statement of account for the recent 6 months (stamped on each page)
  • Letter of employment/confirmation letter/Salary review letter/promotion letter
  • 1 Passport photograph of the Applicant
  • Photocopy of Identification Card of the Applicant
  • Proforma invoice addressed to Enterprise Asset Leasing Limited
  • Utility bill