Being the largest provider of vehicle finance in Namibia, we're able to help you choose the perfect finance
solution for your requirements. So whether you're self-employed or are a salaried individual (with or without
a car allowance), you can head over to any FNB branch where we can assist you easily.
Specialist solutions for mining, construction and earth moving equipment.
Whether you need tractors or other agricultural equipment finance, WesBank commits to offer you the best solution.
Get tailored manufacturing plant and equipment finance solutions.
Choose your equipment + supplier and we customise a solution to help protect cash flow + maximise purchasing power.
From bus finance and commercial truck finance to growing your fleet, we can help you expand your business.
You can choose from four basic methods of finance.
You repay the goods over a period of time, and the seller charges you interest on the amount still to be paid.
Similar to an instalment sale, but ownership of the goods will only pass to you once the 'suspensive condition' of full repayment has been made. A business entering into a suspensive sale agreement may claim the interest paid as a business expense.
You pay the seller a series of rental amounts over a predetermined period, with the option to buy the vehicle at the end of the term.
Similar to a lease agreement except that you do not normally have the option to buy the vehicle at the end of the term. In addition, VAT is not added to the purchase price but is charged on each rental payment.
This product comprehensively insures your vehicle for the duration of the finance
Ensures that the full outstanding amount owed is settled in the event of death
You are covered against any shortfall to the bank in the event of loss of vehicle
Covers mechanical failure of the major components of the vehicle
This provides tax-oriented customers with the best of both worlds in that they enjoy the unique combination of a linked rate with the security and peace of mind of fixed or capped monthly repayments.
This enables customers to 'Take-a-Break' from their loan repayment obligations for any one month of their choice during their annual repayment cycle.