Equipment Finance
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.
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Key Benefits and Features
Our Requirements
- Filled Facility application form.
- Sale agreements or invoice
- Irrevocable salary assignment instructions from the employer
- Three most recent months' pay slips from the 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 of audited accounts for businesses
- Director's joint and several guarantees for businesses
- Flexible security i.e., logbook or title deed.
How to Apply
Other related Finances
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BB Bank is a commercial bank offering Islamic banking services in Somalia with Sharia guidelines and banking regulations.
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