Loans

Are you thinking about buying a new car?

At this time of year many people are thinking about a car. Whether the vehicle is new, used or reconditioned, a vehicle is one of the most important investments that you will make.

A vehicle loan from CAPITA FINANCIAL could help you drive away in the vehicle that you have been saving hard for.

We offer 90% financing for new vehicles with a maximum repayment period of seven (7) years and up to 85% financing for used vehicles at very competitive rates.

You will be required to submit the following documentation when applying for a vehicle loan from us:

 

New Vehicles

• Job letter
• Recent salary slip (No older than 3 months)
• Two valid photo IDs (Driver’s License, Passport, National I.D. card)
• Proof of address (Copy of a Utility bill)
• Vehicle invoice from the Seller – must include a detailed vehicle description including chassis number, sale amount and deposit paid where applicable.
• Last six months Credit Card statement, Loan and Deposits Account statements
• If self-employed – Financial Statements (Profit & Loss or Income & Expense statement & Balance Sheet for the last two years), Bank Statements for the last six months and Business Registration document

 

Used Vehicles

• Job letter
• Recent salary slip (No older than 3 months)
• Two valid photo IDs (Driver’s License, Passport, National I.D. card)
• Proof of address (Copy of a Utility bill)
• Copy of Seller’s ID
• Letter from the Seller indicating Sale Agreement – must include a detailed vehicle description including chassis number, sale amount and deposit paid where applicable.
• Last six months Credit Card statement, Loan and Deposits Account statements
• If self-employed – Financial Statements (Profit & Loss or Income & Expense statement & Balance Sheet for the last two years), Bank Statements for the last six months and Business Registration document
• Current Valuation from a Certified Garage
• Current Insurance Certificate
• Vehicle Inquiry from Transport Board – must have a most recent stamp from Transport Board
• Photos of vehicle including engine and chassis number
• Imported Vehicle – Current Customs documents with detailed vehicle description