- Financing up to (100%) of the asset value.
- The asset itself is the primary guarantee for the financing.
- It is possible to finance new and used assets.
- The leasing period and the offered lease installment are in line with the purpose of the lease.
- Registering machinery and trucks in the name of the Specialized Leasing Company has no effect on the client’s (the Lessee’s) ownership of these assets for the purposes of classification.
- Competitive Leasing rate.
- High degree of flexibility when it comes to installments, whereby monthly installments may be reduced, with an extra amount added for settlement at the end of the contract period, should the client (the Lessee) wish to do so.
- It is possible to use the variable installment method in a manner that is in line with the client’s (the Lessee’s) income.
- High degree of flexibility and fast procedures.
Machinery and Trucks
Machinery and Trucks
Financial leasing allows parties in sectors involved in the contracting and transport of goods to obtain the necessary assets, instead of having to rent them from the market, while making it possible to arrange financial leasing installments in line with the contract period and the leasing costs.
Features
Required Documents
- Copy of the identity documents (National ID for Jordanians, Passport, and Personal Number for foreigners’ /non-Jordanians) for all partners.
- The company’s official documents, including a general overview, a description of its activities, and any granted exemptions.
- A recent bank statement for the last 6 months for the company and each partner.
- A list of completed and in-progress projects.
- The company’s financial statements for the last two years, and a trial balance to-date.
- A price quotation for the machinery/truck intended to be purchased from the agent for new machinery and trucks, or a preliminary sale contract with inspection and appraisal from a center approved by us for used machinery and trucks.
- A feasibility study for the machinery/truck intended to be financed.
- A list of main current clients, along with the annual volume of business conducted with them.
- A list of personal assets with proof of ownership (if available).
- A statement of existing liabilities.
*The company reserves the right to request any additional documents if necessary.
*Terms and conditions apply.