Which leasing is best for you?

As your business grows, so do your needs. In order to expand the range of possibilities to finance your business’ needs, we have also added leasing to our offer. You can choose one out of two leasing form available. Discover benefits of operational leasing and financial leasing.

Operational Leasing

This is a form of leasing in which the amortisation of the object of the leasing takes place through the books of the Bank. All leasing payments constitute revenue generating costs for the client, while the VAT tax is payable with each leasing instalment.
At the end of the leasing contract term, the leased object may be sold to your company at a value, which may be lower than the current market value or collected to be leased to another customer.

Key features and benefits:

• Opportunity for improved financial liquidity
• Up to 100% financing of the value of the tangible asset
• Lower capital costs (including fiscal advantages)
• Leasing payments constitute a revenue generating cost, and reduce the taxable base

Financial Leasing

This form of leasing gives freedom to set the time of duration of the contract and the final value of the object of the lease. The object of the leasing contract is counted as part of the business’ assets. Depreciation deductions and interest on capital instalments count as revenue generating costs.

Key features and benefits:

• Depreciation and interest (they count as revenue generating costs)
• Your business becomes the owner of the tangible asset at purchase price set at the moment of signing the leasing contract
• The source of financing for medium and long-term investment projects
• 100% financing of the tangible asset
• Opportunity for improved financial liquidity