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Corporate-Palestine

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Palestine – Corporate

You can listen to this article by using any hearing aid tool

Palestine – Corporate

ahli Bank presents a unique set of specialized features that cater to the business and investments of major establishments and corporations, both locally and internationally. We offer you sophisticated advisory and state-of-the-art financial services under the supervision of a team of highly skilled and experienced professionals.

Commercial Loan

ahli Bank offers a package of financial services which facilitates commercial and trade activities. Commercial loan helps businesses to handle their purchases and to manage their import\ export transactions.

Features

  • A short-term renewable loan to finance your company’s current working capital needs.
  • Loan can be issued in Jordanian Dinar or any other major currency.
  • The loan finances commercial, investment, and industrial needs.
  • The loan can be issued in different forms; issuing Letters of Credit, financing investment projects, financing investment loans, and financing Letters of Guarantee.

Current Account Overdraft Facility

ahli Bank offers companies a valuable chance to develop business with the Current Account Overdraft Facility, which allows companies to get extra cash from time to time. Companies can make use of an extra source of cash with reasonable interest rates to cover any unplanned payments or urgent needs.

Uses of the Overdraft Facility

In order to avail banking solutions for the benefit of your business, it is best advised not to use the Overdraft Facility on a regular basis as a main source of borrowing. It is a good option when you need a small amount of extra cash every now and then, but if you find yourself depending on the overdraft monthly or regularly; consider taking a regular loan to get your finances back in order. A regular loan will cost you less in the long run, as the resultant interest rate will be lower than the overdraft facility.

Benefits of using the Overdraft Facility

The Overdraft Facility is considered to be an ideal option to cover urgent needs when your account is out of balance, within a certain credit limit and under conditions set by the Bank. Overdraft amount for customers to face sudden and or unplanned activities would be determined base on many variable, such as but not limited to account transactions, balances, and purpose of use. Customers who succeeded to build up a good history with the bank can enjoy the maximum.

Current Account Overdraft Facility

ahli Bank offers companies a valuable chance to develop business with the Current Account Overdraft Facility. This allows companies to get extra cash from time to time. Companies can make use of an extra source of cash with reasonable interest rates. This is to cover any unplanned payments or urgent needs.

Uses of the Overdraft Facility

In order to avail banking solutions for the benefit of your business, it is best advised not to use the Overdraft Facility on a regular basis as a main source of borrowing. It is a good option when you need a small amount of extra cash every now and then, but if you find yourself depending on the overdraft monthly or regularly; consider taking a regular loan to get your finances back in order. A regular loan will cost you less in the long run, as the resultant interest rate will be lower than the overdraft facility.

Benefits of using the Overdraft Facility

The Overdraft Facility is considered to be an ideal option to cover urgent needs when your account is out of balance, within a certain credit limit and under conditions set by the Bank. Overdraft amount for customers to face sudden and or unplanned activities would be determined base on many variable such as but not limited to account transactions, balances, and purpose of use. Customers who succeeded to build up a good history with the bank can enjoy the maximum.
How to get the service

Financial Leasing

ahli Bank offers individuals, companies, and establishments working in Palestine highly flexible financing through it’s “Financial Leasing” program. This enables Customers to lease a variety of assets and use them during the leasing period.

Features

  • Financing up to 80 %
  • Leased asset is used as a source of repayment and primary guarantee
  • In addition to this, Clients have the option to fix installments and returns during term.
  • We also offer competitive leasing rates with the option of early settlement.
  • Finally, the lease installment rates are in proportion to cash flow of client (lessee).

How “Financial Leasing” works

Financial Leasing is a contractual agreement between two parties: The first party (the Bank) is called the lessor, and the second party (the client) is called the lessee. The agreement permits the lessee to make use of an asset owned by the lessor in exchange for periodic payments made to the lessor for a certain period of time. After the lease is concluded, the ownership is transferred to the lessee automatically or in exchange for a previously agreed upon amount, with the option of acquiring ownership before the lease is concluded.

Fixed assets that can be leased

  • Real estate: plots, buildings, and apartments.
  • Transport vehicles: cars, trucks, buses, etc.
  • Machinery and industrial equipment: production lines, printing presses, etc.
  • Medical tools and equipment: medical and laboratory devices, etc.
  • Construction machinery and heavy equipment: loaders, cranes, etc.

Financial Leasing can benefit

Financial Leasing is a very flexible financing instrument for individuals; it also provides solid receptivity to the growing needs companies, expansions of projects, and realizing the optimal financial structuring of companies and establishments working in Palestine. Thus, Financial Leasing serves the following sectors:

  • Individuals
  • Transportation
  • Industrial sector
  • Medical sector
  • Contractors
  • Tourism
  • Education
  • Communication
  • Other services

Letters of Credit and Letters of Guarantee

ahli Bank keeps pace with the developments of businessmen and investment projects locally and internationally. We offer the most advanced banking services specialized in Letters of Credit and Letters of Guarantee; giving businessmen and investors the highest levels of security and assurance

Letters of Credit

This is a financing commitment issued by ahli Bank upon request of the importer. This is to guarantee the payment for imported goods to the exporter, if specific conditions are met. A Letter of Credit usually contains a summarized description of the goods, the required documents, shipping date, and the payment due date.

Letters of Guarantee

This is a written commitment issued by the Bank upon request of the applicant (the customer who has entered a contract) to the beneficiary (the second party) guaranteeing the fulfillment of specific financial obligations according to the contract made between the applicant and the beneficiary. The Letter of Guarantee must clarify the amount and the validity period of the guarantee.

Types of Letters of Guarantee

  • Security Deposit / Tender Guarantee
  • Advanced Payment Guarantee
  • Payment Guarantee
  • Performance Bond
  • Maintenance Guarantee
  • Adjustment Guarantee
  • Shipping Guarantee
  • Warranty Bond
  • Retention Guarantee
  • Bid Bond
  • Professional Liability Guarantee
  • Customs Guarantee

Uses of Letters of Credit and Letters of Guarantee

If the nature of your work entails regular import/export of goods, you will need Letters of Credit to ensure the safe delivery of goods and insurance against fraud. Also, if the nature of your business requires you to give Letters of Guarantee to a third party, such as entering a bid; you will need to get a guaranteed bond.

Benefits of using Letters of Credit and Letters of Guarantee

ahli Bank issues various types of Letters of Credit and Letters of Guarantee at competitive rates to cater to your different needs, such as Tender Guarantee, Performance Guarantee, Advanced Payment Guarantee, Maintenance Guarantee, etc. ahli Bank also supports all kinds of Letters of Credit, including sight and deferred.

 

You can also read: Palestine-Current Checking Account

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