Commercial vehicle coe
Almost all businesses would require a commercial vehicle to transport products and manpower across the country. Whether you are a manufacturer, entrepreneur or even a delivery service provider, commercial vehicles are a must-have to make transportation of your goods and services easier. However, what happens when you need to renew your certificate of entitlement (COE) and fork out a hefty amount of capital?
In Singapore, it is necessary for vehicle owners, commercial and private, to acquire a COE. The COE entitles an owner to 10 years of car ownership over a vehicle. After the 10-year duration, the vehicle owner can opt either to invest in a brand-new car or renew their COE.
Most companies opt to review the commercial vehicle COE just because it is a relatively more worthwhile investment than a brand-new car. However, even the most seasoned business could find relief in a loan.
This is where MoneyMax Leasing comes in.
Businesses that require specialised commercial vehicles but do not wish to tie up large amounts of finances to buy new vehicles, will be pleased with MoneyMax Leasing’s COE Renewal financing plans. Offering the best rates in town and with flexible repayment periods of up to 7 years, you will be able to continue meeting your business needs affordably.