Financing request
Following the review of the file and approval of financing by the Bank, the client proceeds with the payment of a good faith deposit and signs the unilateral purchase commitment.
The Bank purchases the equipment
Acquisition of the equipment and transfer of ownership to the Bank.
The Bank leases the equipment to you
After acquiring the asset, the Bank leases it to the client under an Ijara contract for a defined period.
End of the term
The client has the option, during or at the end of the lease term, to permanently acquire the asset at its residual value.
