| Use |
To finance the purchase of a pre-owned car |
| Designed For |
Individuals acquiring a vehicle for personal use |
| Loan Period |
Term loan repaid over 6 years maximum, through equal monthly installments
|
| Interest Rate |
Highly competitive interest rate: starting at 3.5% (flat) |
| Conditions / Eligibility |
Applicant must be minimum 21 years old and should not exceed 64 at the maturity of the loan
Applicant should be a Lebanese national for over 10 years
Applicant should have a minimum of one year experience within the same field
No salary domiciliation needed
Minimum down payment required
|
| Documents Required |
Employee:
• Copy of identification card or valid passport
• Official employment letter with salary statement
Self-employed:
• Copy of identification card or valid passport
• Bank account statement (for the last 6 months)
• Company trade license or register |
| Edge |
Allows you to acquire your new car in a swift and efficient matter
Approval in less than 24 hours
|
| Benefits |
Financing up to 80% of car price
All risk insurance coverage provided by a first class insurance company at competitive prices
24 hours auto assistance service
|