What is lease financing?
Lease financing enables your customer to keep their machinery and equipment in a good condition and working order without having to invest a lot of capital.
Financial leasing is long-term rental of movable fixed assets for a lease period agreed on in advance. It is particularly well suited to your customer if the efficient techno-economic life cycle of their equipment and machinery is limited and your customer prefers not to tie up their company’s funds to ownership.
Typically, lease financing has three parties to it:
• The vendor partner as the seller of the asset,
• Tukirahoitus Oy as the lessor, and
• The customer as the lessee.
Tukirahoitus Oy buys an asset from its vendor partner and leases it further to the customer on a pre-agreed monthly lease amount for a fixed period.
In most cases, our customers have leased IT or office equipment, medical equipment or other sectors’ machinery and equipment.
With lease financing, the customer does not need large amounts of capital for a one-time investment but the lease payments are amortised over the period during which the machinery or equipment is used. There is no need for separate security, either, as the machine or equipment to be acquired will be used as security.