PERSONAL ASSET BASED FINANCE

Finance a Reliable Asset for Everyday Life

A flexible finance solution for individuals seeking a reliable motor vehicle or other approved personal asset, with repayments structured around their circumstances.

USE CASES

Finance for Everyday Mobility

Support for purchasing a reliable vehicle for work, family and everyday travel.

First Vehicle Purchase

Family Transport Needs

Work & Daily Travel

Vehicle Replacement or Upgrade

Key Benefits

Loan Calculator

Estimate repayments instantly to better understand what works for your budget before applying.

Loan Type
24% rate
Loan Amount PGK 200,000
PGK 50,000PGK 500,000
Loan Term 12 months
3 months36 months
Interest Rate (Annual)
24% Fixed rate for guarantor-backed loans

Payment Summary

Monthly Payment PGK 18,912
Total of Payments PGK 226,943
Total Interest PGK 26,943

Loan Details

Principal Amount
PGK 200,000
Interest Rate
24%
Loan Term
12 months
Loan Type
Personal Loan

Asset Finance At A Glance

01
Assets Financed

Vehicles & Approved Assets

02
Security

Purchased Asset

03
Ideal For

Individuals & Families

How It Works

Step 1

Apply & Submit Information

Step 2

Provide Dealer Quotation

Step 3

Assessment & Decision

Step 4

Documentation & Disbursement

Eligibility & Requirements

Have your identification, income documents and vendor quotation ready before you apply.

Registered Business / Company Name

Tax ID & Company Profile

Two Years Financials & Bank Statements

Customer Identification (ID)

Find a Moni Plus Branch

Visit your nearest branch for personal loan support.

Waigani

Retail Office, Corner Waigani and Garden Hills

Lot 24, Section 209, Hohola, Garden Hills

 

+675 313 2900

waiganisales@moniplus.com

Mon – Fri: 8.00 – 17.00

Lae

Morobe Haus Ground Floor, Unit 2

Lot 47, Section 6, Fourth Street, Lae

 

+675 478 2900

laesales@moniplus.com

Mon – Fri: 8.00 – 17.00

Mt. Hagen

Gapina Haus, Unit 3 West Side, Ground Floor

Allotment 8, Section 5, Hagen Drive, Mt. Hagen

 

+675 541 2900

hagensales@moniplus.com

Mon – Fri: 8.00 – 17.00

Kokopo

Tammur Centre, Area 1&2, Ground Floor

Allotment 1, Section 38, William Drive, Kokopo

 

+675 987 2900

kokoposales@moniplus.com

Mon – Fri: 8.00 – 17.00

Alotau

Alotau Commercial Centre Vol 119, Folio 200

Portion 246, Alotau, Milne Bay

 

+675 640 2900

alotausales@moniplus.com

Mon – Fri: 8.00 – 17.00

Goroka

Henganofi Building, Goroka Town

 

+675 531 2900

gorokasales@moniplus.com

Mon – Fri: 8.00 – 17.00

Frequently Asked Questions

Quick answers to the questions we hear most about Asset Based Finance. Can’t find what you need? Talk to our team.

Approved answer pending from Moni Plus.

Approved answer pending from Moni Plus.

Approved answer pending from Moni Plus.

Finance a Reliable Asset with Confidence

Speak to our team about a practical personal asset finance solution.