Programme flyer
Own the Fleet and the Swap Centre as One Business.
An integrated transport-and-energy business for an entrepreneur or company that wants full operating control.
Hub package
₦247.76m
Down payment (50%)
₦123.88m
Bank finance · 60 months
₦123.88m
Receipts / month
Fleet hire ₦5.79m + battery service ₦5.48m
While financing → After finance
≈ ₦2.85m/month cash retained, adjusted DSCR ≈ 1.74x (50% equity) → after the 60-month loan is fully repaid ≈ ₦6.20m/month at the same operating assumptions with a 5% Greentech service fee.
Working assumptions and sourced estimates — not a guaranteed price or guaranteed earnings. Source: Programme business plan (September 2026). Subject to partner-bank approval; figures are not an offer.
Own the fleet and the energy business together.
The buyer acquires the complete 45-vehicle electric tricycle fleet plus the charging centre — one hub package of ₦247.76m. Standard hub design: 45 vehicles, a 61-pack battery pool and two 12-slot cabinets.
Receipt stream 1
Fleet hire receipts
Riders rent vehicles from you per earning day — ₦5.79m/month.
Receipt stream 2
Centre receipts
Charged-battery service sold at the cabinets — ₦5.48m/month.
No passing-trade revenue is included in the base — captive contracted demand only, on the 45-rider standard hub basis.
Entry terms
Buyer equity plus partner-bank finance on 28% nominal / 60 months terms.
| Line | 45% equity | 50% equity |
|---|---|---|
| Buyer equity | ₦111.49m | ₦123.88m |
| Bank loan | ₦136.27m | ₦123.88m |
The monthly proof
| Line | 45% equity | 50% equity |
|---|---|---|
| Fleet hire receipts | ₦5.79m | ₦5.79m |
| Centre receipts | ₦5.48m | ₦5.48m |
| Operating EBITDA (after charges) | ₦7.64m | ₦7.61m |
| Funded battery reserve | ₦0.90m | ₦0.90m |
| Adjusted CFADS | ₦6.74m | ₦6.71m |
| Debt service | ₦4.24m | ₦3.86m |
| Adjusted DSCR | 1.59x | 1.74x |
| Cash after debt | ₦2.50m | ₦2.85m |
The battery reserve is a funded cash allocation, not an operating expense: tables report operating EBITDA first, then deduct the reserve to derive the cash available for debt service.
Coverage = cash available for debt service after the funded battery reserve and applicable programme charges, divided by scheduled debt service. It is not EBITDA divided by debt service. Lending terms are subject to partner-bank approval.
No passing-trade revenue is included in the base — captive contracted demand only, on the 45-rider standard hub basis.
Why the integrated model may suit you
Two linked revenue streams under your control
Fleet hire from riders and battery-service receipts from the swap centre sit in one business — you control both.
One borrower-level financing and collection structure
A single financing and collection structure covers both the fleet and the centre — avoiding duplicate loans across the same assets.
Greentech supplies and integrates everything
Greentech supplies and integrates the equipment, telemetry, platform, commissioning, warranty support and after-sales.
The debt ends, the income continues
After the loan is fully repaid, the debt ends — while the fleet and swap assets continue generating income.
How drivers fit into A1
A1 drivers are your employees or contracted/rental drivers — not Greentech vehicle-finance customers. You choose the drivers and set work rules and remuneration within your business and applicable law. Greentech does not dictate driver pay — the platform records vehicle use, payments and maintenance.
What it takes to operate
Rider catchment
Build relationships with riders and rider associations.
Route & site assessment
Assess routes, traffic and site suitability.
Energy
Arrange reliable energy supply for charging.
Safety
Safe operations, standards and site security.
Maintenance
Cabinet upkeep and coordination of repairs.
Settlement & reserve
Daily settlement and battery reserve discipline.
Technical support from Glintedge
- Swap settlement and telemetry platform
- Cabinet telemetry and remote monitoring
- Training for centre staff and riders
- After-sales coordination for programme equipment
Qualification & next steps
Register interest
Feasibility discussion and route/site assessment
Partner-bank finance process
Centre build-out and onboarding
Every proposition is subject to partner-bank approval and a route/site assessment.