Generally the asset being
purchased is used as security for the loan, however in some circumstances you
may be able to use your existing fixed assets as security to help raise the
funds you need.
BSPF only takes security over
chattels such as cars trucks, diggers, plant and equipment Acceptable forms are
security are assets on finance to BSPF or other collateral such as cars, trucks
The purchase of the asset is paid
directly via internet banking to the dealer selling the asset.
A response on the application
will be provided within 24 hours of receipt.
BSP Finance (PNG) does not
currently provide finance for assets that will be used as a PMV or Taxi.
Thursday 25th February, 2021
Monday 22nd February, 2021
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Borrowing for asset purchases, enables clients to use BSPF's money to obtain assets, that will generate income for their business.
BSP Finance is a specialist Asset Finance company providing innovative and fast financial solutions to our customers.