VEHICLE FINANCE, the following documents are required:
- Trade license.
- Chamber of commerce.
- Memorandum of association - all amendments.
- Tenancy contract of office.
- Passport and visa copy of all partners including the local sponsor.
- Last 6 months bank statement.
- Company profile.
- VAT REGISTRATION CERTIFICATE & VAT PAYEMENT LAST 4 QUARTERS.
- Some sales and purchase invoices.
Advantages of Obtaining a Vehicle Loan:
- You can spend the cash on other important things.
- There is no requirement for collateral. In theory, you don't need any collateral to receive a car loan.
- Excellent for credit history.
- Spread out the payments.
- Budgeting has been improved.
A vehicle loan is a loan that allows you to purchase a preferred four-wheeler and pay it off in equalized monthly installments over a defined period of time rather than having to pay the entire amount upfront. The conditions of your vehicle loan are determined by a variety of variables, including your income and credit history.