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Forms of Leasing

Machinery

Machinery
The Leasing of machinery such as hoists, cranes,earthmoving machinery,etc.is addressed to all self-employed professionals and businesses of every nature, size and legal form that wish to equip, renew, supplement or expand their professional equipment.

It concerns 3-year contracts, at least, with the maximum being jointly determined with the customer.

CAUTION:

Not financed:

  • Licenses and Maintenance
Upon expiry or prepayment, the fixed asset is transferred to the lessee, for a pre-agreed price, which is usually symbolic.

The Leasing Company does not assume maintenance or replacement costs, in the event of theft or loss.

The Lessee shall bear the cost of notarial expenses.
If the machinery is operated within the work site and there are no machinery works signs, then a notary act is not required.

Procedure:

  • Submission of application in accordance with the Application Submission Procedure
  • Valuation of equipment, in the case of a used fixed asset
  • Assessment of application
  • Approval Letter to the customer and an order confirmation to the supplier
  • Signing of the General Terms of the Contract
  • Invoicing by the supplier
  • Signing of Notarial Act or Annex
  • Supplier is settled in cash.

Benefits:

  • Negotiation with supplier, at a cash price
  • High rate of financing
  • VAT Financing
  • Gradual repayment of VAT through the lease payments
  • Release of funds for investment purposes
  • Repayment flexibility based on the Customer’s cash needs.
  • Renewal or expansion of commercial fleet.

Submission Procedure           Supporting Documents               Leasing Application