LES FINANCEMENTS

For the purchase of a brand new vehicle, financing can be secured from TOYOTA GABON's partners :

FINANCING FOR INDIVIDUALS

I- FINATRA classical credit terms

Amount : from 5,000,000 FCFA
Duration : 12 to 60 months
Terms : be salaried (private or public) and have served for at least 2 years.

Documents requested :

originals of the last 3 pay slips. Borrowing capacity calculation is conditional on the presentation of the last 3 pay slips.
1 copy of the national identity card (NIC) or passport (certified true copy for civil servants) bearing 3 signature samples
1 copy of a valid residence permit for expatriates (certified for civil servants)
a payment schedule for ongoing loans or an end-of-credit/ non--indebtedness certificate
1 job certificate of at least three months validity
1 certificate of effective presence in the profession specifying the age of retirement (Military)
1 copy of driving license certified true or authenticated by the Ministry of Transport
1 proforma invoice
Renewal or job contract for expatriates
For secured loans, guarantors are requested to produce the same documents as loan applicants, except for the proforma invoice.
Private : certificate of non-dismissal

II- BGFIBANK's terms for equipment credit

For financing the purchase of vehicles, BGFIBANK offers equipment credits to its clients.

Documents requested :

last 3 pays slips
1 proforma invoice of the vehicle concerned.

III- Loan terms at BGD

Maximum duration : 60 months
Annual interest rate : 12.50 %
Administration charges : 1% of the loan amount
Guarantee : pledge for the vehicle

Documents requested :

proforma invoice of the vehicle
copy of the driving license
job certificate with validity of less than 3 months (BGD application form)
BGD application form duly filled in
pay slips of the last three months

BGD contact : Tel (241) 77 41 50 - 76 24 29 - Fax (241) 74 26 99 - Mrs MINKO

BGFIBANK loan terms

Documents requested :

- background information on the company
- company's figures : the last 3 balance sheets and income statements (taxation documents)
- forecasts
- an application form

Specific remarks :
- Small and medium-sized businesses and industries are entitled to the same types of financing, yet BGFIBANK is less demanding in terms of the documents required
- the importance and number of documents are subjected to the type of financing and the nature of the investment.

BGFIBAIL leasing terms
BGFIBAIL offers small and medium-sized businesses and industries in all areas of activity a 100-percent financing for their large-scale or unit investment for the purchase of service or company, industrial, commercial or private vehicles.
Instalments spread over 3 or 4 years and remain constant over that period. The payment made at the signing of contract alone represents one monthly instalment paid in advance, a margin deposit equivalent to one monthly instalment (paid at the end of the leasing contract) as well as administration charges.
At the end of the leasing contract, several options are available : either transferring the ownership of the financed good against an amount previously agreed upon, continuing the leasing under new terms or refunding it to BGFIBAIL.

- Brand new vehicles (secondhand goods are proscribed)
- Be client of BGFIBANK or any other bank based in Gabon
- Realistic borrowing capacity or repayment ratio
- Proforma invoice of the equipment for which the leasing is requested