Qualifications and Requirements
 Target Small and big corporate customers

Requirements
 - Quotation of the asset from the supplier and if a corporate, copy of latest audited accounts
 - Management accounts for the current financial year
 - Cashflow projections for the next 12 months
 - 6 months active account

Purpose
 Purchase of assets like vehicles, computers, machinery, etc.

 Interest rate
 Risk Based

Term
 6 - 60 months for brand new assets
 6 - 36 months for second hand assets

Characteristics
 Flexible facility structure

Security
 Normally the asset being purchased: but sometimes we require additional security covering not less than 50% of the facility

 Available
 Credit Department - Head Office

Benefits
 - You obtain the use of an asset even without acquiring it
 - You conserve capital that would have been tied in an asset if bought on cash
 - Leasing gives a flexible repayment structure that is convinient to your cash flow pattern.

Coronavirus (COVID-19) Update

NBS Bank plc would like to assure all customers that it has business continuity plans that are in place to ensure an appropriate response to any situation that can cause a distruption to the business, including the COVID-19 Outbreak.

 
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