Transport

(Cars and buses fleet)

Some companies use cars and buses to transport their employees, or to move their goods from one place to another. In some cases, companies may also offer cars as job benefits for some of their employees. Financial leasing allows these companies to obtain financing for vehicles through very easy procedures, and without having to offer any additional guarantees.

Features

Financing up to (100%) of the asset cost
The asset itself is the primary guarantee for the financing
The company can be given the choice to purchase cars, or to return them to the lessor, thus reducing the risks of asset impairment
It is possible for the leasing company to achieve profits by taking advantage of the purchase option agreed upon with the company, and to then sell the car for a higher price
It is possible to arrange for lease installments that include financing full insurance and annual licensing fees, in addition to periodic maintenance costs, thus reducing the financial burdens and efforts required by the client (the Lessee) to follow up on and pay for these expenses, whereby monthly installments are fixed at a certain amount throughout the entire period of the contract
Continuous upgrading of cars, and taking advantage of this in terms of marketing for the company and its workers
Financial lease contracts can be arranged in line with the useful lives of assets
The ability to offer the replacement car service and management of fleets service
Financial lease installments are in line with the expected cash flow to be generated from assets
Financing new and used cars and buses
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, along with a general overview and a description of its activities.
A statement of owned assets, existing liabilities, and granted exemptions.
The company’s financial statements for the last two years, in addition to the trial balance to-date.
A list of current important clients and the annual volume of business conducted with them (contract copies).
A price quotation for the vehicle intended to be purchased from the agent for new vehicles or a preliminary sale contract with inspection and appraisal from a center approved by us for used vehicles.
A feasibility study for the vehicle intended to be financed.

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

*Terms and conditions apply.

Certified Appraisers for the Company:

Tayrawi Center, Al-Muaini Center, Al-Sharif Center, Al-Kilani Center, Technical Center, General Agent

Apply now