Medical Equipment

Jordan is considered as one of the most advanced nations in the region in the medical field. Accordingly, medical bodies working in this sector need medical equipment and devices in order to carry out their activities. Financial leasing is considered as one of the most appropriate sources of financing for these kinds of assets, since it relies on the asset itself as the primary guarantee to cover the financing, and because these assets are considered as productive, and are a generator of income, as opposed to bank financing, which does not rely on these assets as actual guarantees.

Features

Financing up to (100%) of the asset value.
The asset itself is the primary guarantee for the financing.
No salary transfers needed.
Flexible financing policies that take into account the nature of the sector.
Lease installments are based on the cash flows generated by the asset, or the gains made from upgrading.
The Leasing period is in line with the useful life of the asset.
Takes advantage of tax and customs benefits granted to client (the Lessee).
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.

Required Documents

A copy of the identity documents (National ID for Jordanians, Passport, and Personal Number for non-Jordanians/foreigners) for all partners.
A recent bank statement for the last 6 months for the company and each partner.
The company’s official documents and any granted exemptions (if available).
The company’s financial statements for the last two years, and a trial balance to-date.
A price quotation for the medical equipment intended to be purchased, clarifying all financial details.
A list of medical equipment with their values specified and an indication of which are mortgaged.
A feasibility study for the equipment to be financed.
Repurchase agreement from the agent (if available).
A general overview of the company, including a description of its activities.
A statement of existing liabilities and contracts with external parties.

*The company reserves the right to request any additional documents if necessary.

*Terms and conditions apply

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