Home
About us
Equipment & Financing
News & Events
Projects
Contact Us
Select Region
Contact Us
Home > Contact Us > Frequently Asked Questions
Frequently Asked Questions
How does the 12-Month Equipment Financing Program work?

Example:

Customer A is a Diagnostic Imaging Center in Accra, Ghana. This diagnostic imaging center wants to purchase a 32-Slice CT Scanner. The price of the CT scanner is $300,000. Customer A chooses to use the 12-Month Equipment Financing Program to purchase the CT scanner.

   

First Step:

The Diagnostic Imaging Center put down $105,000 as a deposit, which is 35% of the purchase price. Cassona agrees to finance the remaining 65% of the purchase price ($195,000) for 12 months at an annual interest rate of 11%.

   

Second Step:

Along with submitting (1) a Purchase Agreement and (2) Purchase Order, Cassona applies for U.S. Export Credit Insurance.

 

Third Step:

Cassona delivers the CT scanner from the U.S. to the Diagnostic Imaging Center in Accra within 45 days from the date of the purchase. Cassona's local engineering team in Ghana will provide free installation, 24/7 phone consultation, and professional on-site personnel training to ensure the CT scanner works in perfect condition.


Fourth Step:

The Diagnostic Imaging Center will start paying its monthly payment to Cassona 45 days from the installation completion date. There will be 12 monthly payments until the total equipment loan amount is paid. Each month's payment is $18,037.5. During the 12 months of repayment period, Cassona provides a free labor-and-part warranty to ensure the CT Scanner continues to work smoothly.