This is our core business. We offer both leasing of vehicles and equipment at competitive rates. You could obtain this facility within just 24 hours after application.
Our company provides
customized packages, with flexible repayment terms.We lease brand-new,
reconditioned and registered vehicles. Leasing of equipment
is offered to corporate clients.
Why Leasing?
It is easier and faster: Leasing is the most convenient mode of fixed asset financing which includes Vehicles, Machineries, Office equipment etc. Leasing does not require extensive documentation and procedures.
It offers certainty: A
lease cannot be cancelled unlike a bank overdraft which
is repayable on demand and which may be reduced during
a credit squeeze.
It permits piecemeal financing:
Leasing affords this for small acquisitions
of equipment for which debt financing would be impractical.
It provides a way out of loan
covenants: Leasing is not classified as borrowing
and may circumvent restrictive loan covenants.
It creates a hedge against
inflation: Leasing enables you to acquire assets
at current prices and repay from future earnings.
It is more economical :
Leasing can be the least expensive means of financing
when you consider tax advantages, enhanced cash flow,
faster processing speed and access to additional credit
lines.
How We Meet Your Requirements
We have designed
a range of payment options to suit your needs.
Fixed Rental Scheme
- You make periodic payments (monthly, quarterly or
half-yearly) of equal fixed amounts over the leased
period.
Stepped-up Rental Scheme - You make payments that are stepped-up in successive
periods or years. This scheme is suitable where your
cash flow is thin at inception such as in start-up ventures.
Stepped-down Rental Scheme
- You make payments that are stepped-down in
successive periods or years. This scheme is suitable
if you are a cash rich entity who opts to pay surplus
funds at inception.
Balloon Rental
Scheme - You pay a large percentage of the
asset cost at the tail end of the lease. This scheme
is suitable where the bulk of the cash flow is at the
end of the lease.
Initial Rental Scheme
- You make payments at the inception of the lease and
reduce periodic rental payments. Such balloon rental
contracts entered into at the end of the financial year
enable you to optimize tax savings. |