Don't hesitate to contact us
Call Us
+(252) 611 38 2020
Write to us
info@bbbank.so
Work Time
Sat-Thurs 8:00 AM - 5:00 PM
Thurs 8:00 AM - 4:00 PM
Equipment Finance
Equipment finance describes a loan or lease that is used to obtain business equipment, which can be any tangible asset other than real estate.
- Available to all our account holders
- Payment is made directly to the supplier
- Repayment period up to 18 months
- Sharia Contract: Diminishing Musharaka
- Financing available for new and used machinery
- Flexible repayment terms
- Competitive pricing on equipment financing
- Quick turnaround time
- Pay in instalments and free up capital
- Easy and efficient application process
- Dedicated Relationship Manager
- Filled Facility application form
- Sale agreements or invoice
- Irrevocable salary assignment instructions from employer
- Three most recent months' pay slips from employer
- Employment Letter clearly stipulating the terms of engagement
- 12 months' certified bank statements
- Company profile (overview)
- Certificate of registration (CR) for business
- 3 years audited accounts for businesses
- Director's joint and several guarantees for businesses
- Flexible security i.e., logbook or title deed.