Vehicle and Asset Finance

Vehicle and asset finance facility provides short-to medium-term funding to buy moveable assets, such as cars, trucks, motorbikes and moving equipment for your business. We offer competitive and flexible terms for both individual and business customers.

What can I do with this?
  • You get a deal structure as per your specific requirements.
  • You can structure finance that is based on the cash flow of your business or other secure sources of income or a combination of both.
What do I need to apply?

Visit your nearest Bank BIC Namibia branch the following documents:

  • Completed application form.
  • Certificate of incorporation.
  • Certificate to commence business.
  • Audited latest signed financial statement or year to date management accounts.
  • Cash flow forecast for the term of the facility.
  • Profit and loss projection for the term of the facility.
  • Last 10 months’ bank statements.
  • Suretyship of guarantors.
  • Company resolution to acquire the assets.
  • Proforma invoice for asset to be acquired.
Qualifying criteria

Businesses with operations in Namibia.

Rates and fees will be provided upon application

News

Commemorative N$30 BankNotes

15 of May 2020

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BIC Announcement - LOAN MORATORIUM

02 of April 2020

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COVID-19

27 of March 2020

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