South Africa’s financial landscape has continued to grow and expand over the years. One name that forms part of the long list of players is Centrafin. Established in 2002, Centrafin operates as an independent financial intermediary in the operating rental market. Centrafins product bouquet offers operating rental or lease, hire and service agreements, insurance, bridging finance, plant and equipment finance and green solutions financing.
Operating lease is a rental agreement where the residual value of the asset is set at the outset, based on the estimated use throughout the term. Rentals based on the depreciation of the asset throughout the term of the operating lease agreement. Centrafin holds the liability for a predetermined value for a contract period, which means lower monthly rentals.
When it comes to hire and service agreements, this firm works with group and selected partners to provide customers with an agreement covering both the hire of equipment and ancillary services.In conjunction with FAIS approved partners, Centrafin offers an all-inclusive and cost effective insurance option. This cover has been adapted specifically to technology based goods. An important feature of our insurance cover is that no excess is applicable to insured equipment.
Plant and equipment finance is designed for purchasing new or used front end loaders, forklifts, cranes, backhoe loaders, graders or other construction equipment. Green solutions financing offers a plan for the procurement of energy saving equipment solutions to qualifying corporate applicants utilizing operating expenditure budgets.
Centrafin can be contacted on 0116546460.