Professionals Loans
Details
Doctors equipment

By: BIT - Lebanon

Description

Get your medical practice up and ready with BIT Bank's Doctor loan.

General Conditions

Loan Currency:
USD
Minimum Loan Amount:
USD 2,000
Maximum Loan Amount:
USD 200,000
Minimum Period:
6 months
Maximum Period:
60 months
Rate / Year:
8.50% (real)
Profession:
Doctor
Other:
rate: BRR +2% (Min. 8.5%)
financing Up to 70%
Monthly equal payments should not exceed 1/3 of your monthly revenue

Expenses

File Fees:
min USD 100
Details:
2.5% of net loan amount (Min $100)
Commission:
none

Benefits

Facility of payment at any OMT office up to LBP 3,000,000

Cards

Free mastercard Up to $5,000 without Securities
> $5,000 case by case
1.5% Monthly
settlement 5% or 10% (Min $50)

Services

Online Banking:
Yes
Online Banking Fees:
free 24/7

Guarantees

Salary Transfer Required:
No
Guarantor Required:
No
Guarantees Required:
• Mortgage
• Life Insurance
• Fire & Theft Insurance on the clinic

Life Insurance

Paid By:
Client
Insurance Company:
Axa Middle- East Insurance

Applicant Profile

Age:
30-64 at settlement
Residence:
Resident
Profession:
 
Minimum Income:
1,000 USD
Minimum Years of work experience:
2 years
Other:
Be a Lebanese Citizen for more than 10 yrs
not exceeding 64 years old by the end of loan
Be a doctor for more than 2 years

Basic Required Documents

Loan application
Copy of valid passport or ID
Copy of the Lebanese Doctors Syndicate card
Certificate of Residence
Title-Deed
Income certificate, Statement of Account for the last 6 months
Proforma invoice (in case of Equipment Loan).

More Information

Contact BIT call center on: 04-727227
Contact