QNB

Vehicle Loans

Let us help in putting your business’ wheels in motion.

We’re ready to provide you with all the financial support to acquire a vehicle for your company or business needs. With QNB's Business Banking Vehicle product, you can buy the car or truck of your choice for much less than you would expect.

Drive your business forward with seamless vehicle financing

Enhance your business productivity with tailored vehicle financing from QNB. With competitive rates, flexible terms and a simplified application process, you can start or expand your business fleet, in only a few simple steps. Lower your costs even further by choosing a hybrid or electric Green Vehicles.  


Features and Benefits:

  • Finance new or used vehicles (up to 5 years old), giving you full flexibility to choose what suits your business and budget
  • Only 20% down payment (Minimum)
  • Only 5.35% for standard vehicles or a reduced rate of 4.85% for green, electric or hybrid
  • Full all-risk insurance options

Apply in just a few simple steps:

  • Valid ID & CR
  • Vehicle Quotation issued by any authorized car dealers 
  • Complete a simple application form (loan amount, down payment, tenor, etc.)
     
 

How to Use or Apply

In order to apply for this product, please submit the below documents and information to the following email: SMEFinancing@qnb.com

Facility Request Letter 
a- Facility Type: 
b- Facility Amount:
c- Facility Tenor:
d- Proposed Securities / collaterals:
e- Purpose of the Credit Facilities:
 

Valid Commercial Registrations "CR"
To be provided for the borrower and the partners (if applicable)
 

Valid IDs of the partners

Company's Profile
a- Website: 
b- Address and contact details
c- Business activity
d- Details on the Services / Products
 

Audited Financial Statements for the last 3 years 
To be provided for the borrower, and the partners (if applicable)
 

Interim Financial  Statements for the current year
To be provided for the borrower, and the partners (if applicable)
 

Project Cash Flow / Feasibility Study / Market Study (if applicable)
To be prepared and audited by 3rd party auditor acceptable to the bank
 

N.B: The bank reserves the right to request any further information / documents required to conduct its financials, technical and legal due diligence

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