The CNG EcoDriver Loan Facility is available only to Entrepreneurs (Maxi Taxi and Taxis included), Sole Traders and Micro and Small Businesses.
Minimum Monthly Payment: $685.13
Terms of Loan: 24 months.
Loan Application Requirements:
- Two (2) forms of valid identification.
- Proof of address.
- Two (2) passport size photos.
- Financial statements, receipts, invoices.
- Two (2) personal references.
NEDCO PROCESS
- Customer fills out the Online NEDCO CNG ECODRIVER LOAN APPLICATION FORM
- NEDCO Representative contacts customer to schedule an appointment.
- Customer sends vehicle to CNG converter to confirm if vehicle is approved for CNG kit.
- If vehicle is approved for CNG kit, customer completes NEDCO application form.
- NEDCO processes application form.
- NEDCO confirms application with customer and advises confirmed payment terms.
- NEDCO forwards successful applicant to CNG converter.
- Customer signs loan contract with NEDCO.
- NEDCO places order with CNG converter.
- Customer repays NEDCO on agreed repayment terms.
*Subject to normal NEDCO loan criteria.