BIB Finance

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BIB Finance

Great Rates For Asset Finance

Asset finance is a specialised lending service that enables eligible clients to buy various assets. So, where do you begin? 2020-02-28
Get Comparable Rates When Applying for Finance

Being an adult in South Africa has its fair share of challenges. One of the most common obstacles is finding an affordable vehicle that can get you from A to B. If you are in a favourable financial position, you might even consider leisure assets such as a motorbike or a luxury caravan. Getting smart about such purchases will save you lots of worries in the future. Asset finance is a specialised lending service that enables eligible clients to buy various assets. So, where do you begin?

Leisure-asset purchases are sometimes made impulsively. However, if you want to get smart about it, you can secure your finance beforehand. Whether you want to buy a sports car, superbike, or large caravan, we can be of service and offer comparable rates from the major financial-services providers (FSPs) in South Africa. These include Absa, MFC, WesBank, and Standard Bank. You can choose the option that is most suitable for your current income and monthly expenses. You will also know what your monthly instalments will be and this will give you the means to manage these payments efficiently.

Finance Leisure Purchases

Banks are willing to lend you a large sum of money for a specific leisure purchase, especially if you have an excellent credit score and adequate monthly income. However, in most cases, you would only see one bank’s rates. We give you all the options from the major FSPs to expand your possibilities and find the perfect option that works for you. Therefore, you can make an informed decision that is based on comparing various quotes and seeing which one is best before purchasing such an expensive asset.

By securing a leisure-finance loan before you go shopping, you know exactly how much you can spend on such a purchase to keep it within affordable reach. Buying a high-end car adds an additional asset to your portfolio – one that you can enjoy on a daily basis. However, the monthly instalments must be paid on time. Luckily, you have the knowledge of how much these instalments will be with us on your side.

Caravans are also very common in South Africa. Many people drive large 4x4 vehicles and spend their time in nature. If you are an outdoor enthusiast and want to buy that caravan that you have your eye on, we can be of assistance and make it a reality. Caravans are expensive leisure assets, with prices comparable to cars. Therefore, ensuring that you are in a financial position to afford such a purchase beforehand will always count in your favour. Now that you have the option to secure your finance before purchasing, you can rest assured that you can stay within the affordability bracket when shopping for a car, bike, or caravan.

BIB Finance is your first choice when securing loans for cars, bikes, and caravans. If you want to add a leisure asset to your collection, we can help you to secure the best possible loan and interest rate that are available for you currently. If you want to apply, please contact us and get smart about your large purchases.