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To meet your flexible finance needs, BNI offers Instalment Finance, which enables you to pay affordable instalments for moveable and durable goods that your business requires. BNI purchases these goods and sells them to you on agreed terms. In addition to finance charges, you repay the full amount in instalments over an agreed period. Ownership of the goods lies with BNI until all payments are made, whereafter ownership automatically transfers to you.
Key Features and Benefits
Flexible terms:
Structure a repayment period and a deposit that best suits your business needs and your cash flow
Flexible interest rates:
Link your interest charges to the Prime lending rate for a fixed or specified period
Insurance:
Insure all goods comprehensively and take advantage of competitively-priced rates from our insurance partner
Ownership:
Take full ownership of the goods once you make the last repayment.
Instalment Finance