Obtaining financing

Investment

Developing a business, fitting out premises or purchasing new equipment are projects which require the support of a first-rate banking partner.

BIL offers you a complete range of financing solutions to help you implement your projects.

The BIL investment loan is the traditional solution for all investment projects:

• Acquiring a business.
• Investing in property.
• Investing in equipment, plant or other fittings.

The loan is tailored to your situation:

• Term of loan based on the amortisation period of your investment.
• Fixed or variable rate.

For investments that are eligible for Société Nationale de Crédit et d'Investissement (SNCI) loans, BIL handles the submission of your equipment financing application.

Your Relationship Manager will listen and offer you a suitable financing solution for your project.

Leasing

BIL Lease, BIL's leasing solution, represents an attractive alternative to a traditional loan.

How leasing works:

You select your equipment and your supplier. BIL Lease purchases the equipment and leases it to you through a lease agreement. The term of this agreement corresponds to the economic lifespan of the asset. You have three options on expiry of the contract:

• To purchase the equipment at the initially agreed residual value.
• To extend the lease with a lower lease payment.
• To return the equipment to BIL and arrange an agreement for new equipment.

The benefits of leasing:

• Goods fully-financed with no funding required.
• Fixed pre-agreed lease payments for the entire period of use of the asset.
• Ease of replacement of used equipment.
• Apparent indebtedness reduced.
• Potential partial or full deduction of lease payments as operating expenses.
• Ability to reclaim VAT (on lease payments).
• Ability to benefit from government subsidies (tax rebates).

Your BIL Relationship Manager will introduce you to our leasing solutions.