Hire Purchase and Asset Finance in Zimbabwe: How to Apply · Probfix
Asset finance

Hire purchase and asset finance in Zimbabwe

Buy the vehicle, tractor or equipment you need now. You pay a deposit, Probfix finances the rest, and the asset is yours once the last instalment is paid. Here is how to apply online.

  • Up to $100,000asset price
  • 1 to 24 monthsto repay
  • 100% onlineapply from your phone

Who can apply

  • You have chosen an asset and have a quotation or proforma invoice from the seller.
  • You can pay a deposit of 30%, 40%, 50% or 70% of the price.
  • You can show a regular income, such as a payslip, bank statements or sales records.
  • You have a valid Zimbabwean national ID.
  • You have no other Probfix loan still being repaid or in review.

Documents you need

Clear photos or scans are fine. You upload them while you apply, so have them ready on your phone.

  • National ID
  • Quotation / proforma invoice
  • Proof of deposit paid
  • Proof of income

How to apply online, step by step

  1. 1

    Get a quotation

    Choose the asset and ask the seller for a quotation or proforma invoice with the full price.

  2. 2

    Choose your deposit and term

    Pick "Hire purchase", enter what you are buying and its price, then choose how much your deposit covers. The form shows what we finance and your monthly instalment.

  3. 3

    Tell us about you and the asset

    Your personal details, then the asset itself: what it is, what it is worth and photos of it.

  4. 4

    Upload your documents

    The quotation, proof that you have paid the deposit, proof of income and your ID.

  5. 5

    Review and submit

    Check the figures and submit. Once approved we finance the balance and you take the asset home.

Start your application

What it costs

Interest, an administration fee and an application fee, all shown on the form before you submit. Here is an example at today's rates:

Asset price
$10,000
Deposit (30%)
$3,000
We finance
$7,000
Term
12 months
Monthly instalment
$1,355

Includes all fees. Your own figures depend on the amount and term you choose.

Repaying your loan

You repay the financed amount in fixed monthly instalments. Probfix is registered as the owner of the asset until the final instalment is paid, then it is transferred into your name.

Questions people ask

What is hire purchase?

Hire purchase lets you use an asset while you pay for it. You pay a deposit, we finance the balance, and you repay us in monthly instalments. Ownership passes to you with the final instalment.

How big a deposit do I need?

You choose 30%, 40%, 50% or 70% of the price. The bigger the deposit, the less we finance and the smaller your instalment.

What can I buy on hire purchase?

Vehicles, trucks, tractors, machinery and other equipment with a price of up to $100,000.

How long can I take to repay?

From 1 to 24 months.

When does the asset become mine?

When you pay the final instalment. Until then Probfix is the registered owner, which is what lets us finance it.

Ready to apply?

It takes about ten minutes on your phone. Have your documents ready and we will take it from there.

Apply for hire purchase (asset finance)

Other ways to borrow