Working Capital Financing

BB Bank > Working Capital Financing

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info@bbbank.so

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Working Capital Financing

  • Account Information
  • Key benefits and features
  • Requirements
  • Tailored to companies and Individuals.
  • Available on a 12-month contract
  • The bank and customer agree in advance on the price and tenure of the
    lumpsum deferred payment.
  • The bank appoints the customer as an agent to purchase on its behalf.
  • Financing available for items of saleable value and raw materials
  • Sharia Contract: Diminishing Musharaka / Murabaha
  • Filled facility application form.
  • Certificate of registration (CR)
  • Valid Identification of directors/ partners
  • 3 years audited accounts.
    · 12 months bank statement
  • Flexible security i.e., logbook or title deed.
  • Director's joint and several guarantees
  • Company profile (overview)
  • Irrevocable salary assignment instructions from employer
  • Three most recent months' pay slips from an employer.
  • Employment Letter clearly stipulating the terms of engagement.