We can provide variety of finance solutions to support your business to stay ahead.
Leasing is a smart and cost effective way to acquire equipment. The Lessor as the Owner of the Equipment leases out the Equipment to the Lessee at an agreed lease rental and pre-determined lease period. It is not ownership but the effective, flexible use of equipment that ensures generation of profit. Leasing means flexibility, and virtually any type of depreciable property may be acquired. Lease rentals are fully tax deductible and fixed rental payments assists in budgeting and easing of cashflow.
Hire purchase is a type of financing whereby buyer pays a fixed number of periodical instalments inclusive of principal and interest for the use of the goods. The legal title of the Goods shall pass to the Hirer at the end or upon the completion of the hiring period and the payment of all monies thereunder.
Factoring is a quick and convenient way of raising working capital through selling of receivables/invoices in exchange of immediate cash. It is also a flexible method in managing debts. Trade finance assist a business entity in financing overseas and local purchases by issuing letters of credit favouring suppliers on its behalf.
We provide comprehensive range of general insurance products and risk management services as corporate agents for established and reputable insurers with international affiliations.
i-HIRE PURCHASE (AL IJARAH THUMMA AL BAY)
i-Hire Purchase facility is offered to both consumers and business enterprises to part finance the purchase of Goods. i-Hire Purchase Agreement shall be entered between the Hirer and ORIX as the Owner of the Goods
i-LEASE (AL IJARAH MUTAHIYA BI TAMLEEK)
i-Lease is a facility offered to business enterprises for leasing of Equipment for commercial purposes. i-Lease Agreement shall be entered between the Lessee and ORIX as the Lessor.