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What expenses can I cover with a Repair/Top-Up Loan?

A Repair/Top-Up Loan can be used to cover a wide range of expenses, including:

  • Office Repairs and Renovations: This includes structural repairs, plumbing, electrical work, and renovations like painting or remodeling.
  • Vehicle Repairs: If your loan is related to vehicle financing, you can use a top-up loan to cover repairs or upgrades for commercial or personal vehicles.
  • Business Premises: Repairs or renovations of your office, shop, or other commercial property can also be financed through this loan.
  • Emergency Expenses: Some financial institutions allow the loan to be used for urgent or unforeseen expenses related to repairs.

These loans provide flexibility, allowing you to use the funds for various repair and upgrade needs without the need for a separate loan.