Lease-back is a valuable tool used to unlock access to cash if your company wants to strengthen or develop business without blocking cash-flow.
This financing product is a fast way to obtain funding through the sale to I.C.S. O.C.N. "Total Leasing & Finance" S.A. with firm option to repurchase at the end of financial leasing, vehicles, equipment (new or second hand) initially sold. This system allows the lessor immediate liquidity increase and continued use of the asset.
The assets accepted for the lease back transactions are the ones complying with the rules:
Asset Type | Term | Minimum Down Payment | Annual Interest Rate | Management fee | Insurance |
---|---|---|---|---|---|
New Vehicle / Equipment | 12 - 36 months | 30% | 11.5% - 12.9% in Euro/USD | 2% | (CASCO) Insurance, by approved insurers. |
Second Hand Vehicle / Equipment | 12 - 24 months | 40% | 12.5% - 13.5% in Euro/USD |
Benefits: