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Asset Finance / Hire Purchase

Home / Products / Asset Finance / Hire Purchase

Acquire the vehicles, machinery or equipment you need without paying the full cost upfront. Through Ijarah (leasing) or Murabaha (cost-plus) arrangements, the bank purchases the asset and you pay over time in fixed instalments — a clear, interest-free path to ownership.

Key Features
- Non-interest asset financing (Ijarah leasing or Murabaha)
- Finance for vehicles, machinery, generators and equipment
- Fixed, predictable instalment payments
- Ownership transfers to you on completion (where applicable)
- Flexible tenors to match the asset's use
- Quick assessment and processing

Eligibility / Requirements
- Valid means of identification
- Bank Verification Number (BVN)
- Active Quantum MFB account
- Proof of income or business activity
- Quotation or invoice for the asset to be financed

How to Apply
Visit any of our branches, call 0903 495 5555, or apply online at quantummfb.com.ng.

[DRAFT — rates/fees pending client tariff schedule]