Commercial 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 - K20, 000.
• Maximum Finance Amount - K3M.

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 the 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 and download the Application Form and also complete Statement of Position.

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