Lending Commercial/Chattel Loan

A Commercial Loan with BSP Finance allows a business clients to finance various business assets or capital expenditure requirements whilst managing your cash flows.

Features

Finance

• Minimum Finance Amount PGK20,000
• Maximum Finance Amount PGK3 Million

Term

• From 6 Months - 60 Months
• The term of the loan will be dependent on the asset type and its economic life

Customer Contribution and Security

• Deposit requirements will be dependent on the application, however, 100% finance may be offered to approved clients

Repayment

• Loan Repayments are made in arrears and will cover principal and interest to fully repay the loan over the required term

Interest Rates

• Interest rates are fixed for the term of the loan
• Interest rate charged will be defined at time of application

Benefits

• Competitive interest rates and Flexible terms offered
• Improves company cash flow
• Speed of approval turnaround and documentation
• Enables financing of income producing assets to improve business profitability

To apply click here for the Application Forms and also complete Statement of Position

Contact us on 320 1212 or 7030 1212 or Email: bspfinance@bsp.com.pg

Contact our Sales Team