Operative (surgical)
The sequence of actions in the case of operational leasing is similar, but the difference is that upon expiration of the contract, the object of the transaction does not remain with the client, but is returned to the leasing company. As a rule, an operational leasing agreement is concluded for a period of no more than three years.
Types of leasing
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Returnable
Often, the purpose of using leasing is to reduce the tax burden. In particular, sale and leaseback is popular, when a company is both a lessor and a lessee. The principle of operation is as follows: an organization that owns property sells it to a leasing company and then rents the same property from it. Thanks to this, the company can count on special tax benefits that are provided when purchasing equipment on lease for legal entities.
In addition, while the leasing agreement is in effect, the organization increases the volume of working capital and can, due to this, develop its activities.
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The procedure for leasing equipment
Nowadays, special equipment is often required for production. However, due to the high cost, not all business owners can purchase it. There are also obstacles when obtaining a bank loan. Because of this, purchasing equipment on lease for individual entrepreneurs becomes a difficult task.
As a rule, even a private client does not experience difficulties with concluding a leasing agreement, but it is still extremely important to clarify certain points.
First of all, you should make sure that your partner, whether it is a bank or a non-bank leasing company, is trustworthy. At the same time, you need to check everything carefully, otherwise there is a risk of running into scammers.
The next step is to characterize the required object and draw up an agreement. Each client is usually assigned an individual consultant who can not only provide support in drawing up the agreement, but also select special equipment in accordance with the customer's wishes. Or you can ask to contact the required supplier directly.
After concluding a contract with an individual for leasing special equipment, the company assumes all expenses for its purchase, insurance, and maintenance. These conditions are also spelled out in the contract. At first, the lessee is only required to make an advance payment in an amount not exceeding half the cost of the object. Then he is given the equipment, which he can use until the end of the contract, if he makes regular leasing payments. When the entire amount is paid, the property rights to the object are transferred to the client.
On average, it takes from two days to two weeks to conclude a leasing agreement. The employees of the leasing company will help to settle all the formalities in the minimum time and will listen carefully to the client.
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