Mercantile Bank has an attractive range of rental finance asset classes which include but not limited to office automation, telecommunication products, security surveillance, medical equipment, construction equipment and computer equipment. The portfolios are built utilizing rental asset agreements and these agreements have varying periods attached to them ranging from 24 to 60 months, specifically designed for small to medium businesses and larger corporate.
You can enhance your balance sheet and income statement with a better return on net assets, enjoy flexible finance terms and also structure repayments according to your business needs.
You will also be able to reduce your debt exposure and enjoy tax advantages, using off balance sheet financing to enhance your business profits. Because we understand the importance of quick turnaround times, our approval process is quick and easy with no deposit required. Below are some of the assets we can finance:
Office automation
Telecommunication products
Security surveillance
Medical equipment
Specialized equipment
Computer equipment
Audio visual
Cash denominators
