Fidelity Leasing Nigeria
Fidelity Leasing Nigeria
provides financing solutions that enable individuals and businesses to acquire essential equipment and assets without paying the full cost upfront. This service is designed to support operational growth, preserve cash flow, and offer flexible repayment options. Fidelity Bank Nigeria, through its asset financing structure and partnerships with leasing firms such as C&I Leasing Plc, offers tailored leasing products to meet business needs across different sectors.
Minimum and Maximum Loan Amounts
Fidelity Leasing Nigeria generally finances assets with amounts starting from ₦500,000 as a minimum threshold. This makes leasing accessible to small and medium-sized enterprises. For larger corporations, the maximum financing amount can go up to ₦50,000,000 or more, depending on the nature of the asset, business turnover, and credit assessment. Approval limits are determined by the applicant’s financial strength, business history, and asset value.
Repayment Terms
Repayment plans are structured to suit business cash flow. Fidelity Leasing Nigeria offers repayment durations from 12 months up to 36 months for asset finance. In some cases, terms may extend to 48 or 60 months for high-value equipment with a long useful life. Payments are typically made monthly and may include an option to own the asset at the end of the lease period through a buyout clause.
Fees Included
The leasing agreement comes with clearly stated charges to ensure transparency and financial planning. Common fees include:
- Processing Fee – Usually between 1% and 3% of the approved lease amount.
- Documentation Fee – A fixed administrative charge applied during contract setup.
- Insurance Fee – Applied to ensure the leased asset is protected against damage or loss.
- Interest Charges – Calculated either on a fixed rate or reducing balance, typically ranging between 12% and 20% annually, depending on risk profile.
- Late Payment Penalty – Charged when monthly payments are delayed.
All fees are disclosed in the leasing contract before disbursement, allowing customers to review and agree to the terms.
Why Fidelity Leasing Nigeria Is Worth Considering
| Advantage | Description | Benefit to Client |
|---|---|---|
| Flexible Financing Limits | Ranges from ₦500,000 to ₦50,000,000 depending on qualification | Suitable for SMEs and large corporations |
| Custom Repayment Terms | From 12 to 36 months, extendable based on asset type | Aligns with cash flow and reduces financial pressure |
| Asset Ownership Option | Buyout clause available at lease completion | Allows clients to eventually own valuable assets |
| Lower Upfront Capital Requirement | Only a percentage of the asset cost paid initially | Protects liquidity and working capital |
| Transparent Fees | Processing, documentation, and insurance clearly stated | Builds trust and ensures informed financial decisions |
| Business Growth Support | Funding for vehicles, machinery, or equipment without capital strain | Boosts productivity and operational efficiency |
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Fidelity Leasing Nigeria provides a strategic financial pathway for businesses and individuals looking to access essential assets without heavy upfront expenditure. With loan limits starting from ₦500,000 up to ₦50,000,000, repayment plans of up to 36 months or more, and a transparent fee structure, the leasing option is structured to support long-term business growth.
The flexibility, combined with the potential to own the asset at the end of the term, makes Fidelity Leasing an attractive solution for managing capital efficiently. For businesses aiming to scale operations while maintaining financial stability, Fidelity Leasing Nigeria stands out as a practical and growth-oriented financing choice.
