|
Mayfield Assets Acquisition Account (MACA)
Mayfield
Assets Acquisition Account is designed for Nigerians to
increase their standard of living and net worth position.
The Nigeria declining economy over the years has reduced the
effective purchasing power of many Nigerians thereby making
it difficult to meet their needs.
Money has
little or no value in a high inflationary economy such as
Nigeria. Under this condition the acquisition of assets has
become an unrealistic dream to many Nigerians. As a result,
manufacturers are being put out of business.
Many
Nigeria lag behind in affordability of basic necessities. In
other to alleviate this problem encountered by many
Nigerians, Mayfield Finance Company Limited has designed
MAYFIELD ASSETS ACQUISITION ACCOUNT. With this package,
customers are able to acquire essentials items of their
choice.
Benefits:
1.
Easy acquisition of new assets of your choice.
2. Initial outlay: only 25% - 40% of cost of items
3. Opportunity
to hedge against rising inflation.
4. Group discount from assets are transferred to customers.
5. Easy access to credit under favorable conditions
6. Existing credit can be re-finance to acquire more assets.
7. Interest is calculated on reducing balance
8. Repayment is by monthly installments spread over an
agreeable period.
Operations:
| |
1. |
Customer complete Mayfield Assets Acquisition
Account Opening form. |
| |
2. |
Between 25% - 40% of assets total cost is deposited
with Mayfield Finance. |
| |
3. |
Mayfield Finance provides the balance for immediate
purchase directly to the vendor |
| |
|
for delivery of the goods. |
| |
4. |
Assets are available for customer’s immediate usage
while ownerships remains with |
| |
|
Mayfield until full repayment. |
|
