Search

Login to secure service

Personal Banking

Personal Banking
Business Banking
Corporate Banking

Internet Banking login

Internet Banking login

Integrator Login
Absa Access

Integrator Login
Absa Access

Register

search

Flexi Rent

Flexi Rent allows you to lease an asset on favourable terms, minimising the risks associated with the purchase.

Apply now

How it works

How Flexi Rent works for you
You rent the asset for an agreed term and make regular repayments that include proportions of capital, interest charges and VAT residual value not less than 25% of original cost excl. VAT.

Income tax treatment

You deduct the lease rentals.

VAT treatment

The lessor charges VAT on each rental amount.

You can claim VAT input where the asset allows.

Accounting treatment

The asset is recorded as an "off-balance sheet" item (subject to independent auditor approval).

The outstanding debt is shown as a note on the balance sheet.

You deduct rentals as an operating expense.
Assets that can be financed
Personal motor cars

IT and office equipment
What to bring when you apply
Application (registered resolution to obtain facility)

Business plan or company profile

3 years’ audited financial statements and most recent management accounts

Cash flow projections, projected income statements and balance sheet for the finance period

12 months’ bank statements

Pro-forma invoice of equipment or vehicle to be financed addressed to Absa

Certified memorandum and articles of association

Particulars of directors and secretaries (for non-Absa clients)

Annual returns and tax clearance

VAT registration certificate

Company profile

Valid trading license

Proof of equity contribution

Copy of financial card for the company and signatories/directors

Certified certificate of incorporation

Tax identity number (TIN) document for the company

Proof of income

CVs of directors

Apply now Find a branch

Need more help?

Call:

Toll free: 5950
Tel: +260 (211) 366100
Tel: +260 (211) 366225

Email:

customerservice.zm@absa.africa

Talk to us

Useful tools

Personal loan calculator

Home loan calculator

Our sites

Personal Banking

Premier and Prestige

Business Banking

Corporate and Investment

Digital Banking

Forex and treasury sales

Absa in Davos

Support

Legal

Absa Bank Zambia PLC. Registered in Zambia (registered number 119710006444). Registered office: Stand numbers 4643 and 4644 Elunda Office Park, Addis Ababa Round About, Lusaka, Zambia. Absa Bank Zambia PLC is regulated by Bank of Zambia under licence No. BL002/1918B.

You are browsing banking for:

What do you want to do:

Flexi Rent

How it works

How Flexi Rent works for you

Assets that can be financed

What to bring when you apply

Need more help?

Toll free: 5950
Tel: +260 (211) 366100
Tel: +260 (211) 366225

customerservice.zm@absa.africa

Useful tools

Our sites

Support

Legal

Experience banking at your fingertips

You are browsing banking for:

What do you want to do:

Flexi Rent

How it works

Need more help?

Toll free: 5950 Tel: +260 (211) 366100 Tel: +260 (211) 366225

customerservice.zm@absa.africa

Useful tools

Our sites

Support

Legal

Experience banking at your fingertips

Toll free: 5950
Tel: +260 (211) 366100
Tel: +260 (211) 366225