Leasing is a special form of renting, and it refers to a long-term leasing of capital assets (fixed assets). We can purchase a lease asset from a supplier of your choice and lease it to your company for a specified period against payment.
Leasing is a convenient way of investing in capital assets, because it will not require other collateral than the leased asset itself. Neither will leasing tie up your company's capital the same way as ownership does. If you need to make purchases throughout the year, we also offer fast and flexible leasing credit facility.
Typical lease assets include vehicles, machinery and production equipment, ICT and other office equipment, office furniture and industrial equipment. Either your company as the lessee, or the seller or a third party is responsible for the residual value, as agreed.
Benefits of leasing for your company
- The predictable lease payment makes it easier to assess the investment return and manage cash flow.
- Managing capital assets is flexible because financing for purchases is available when needed, for example, as capacity changes.
- Leasing diversifies the financing structure and improves the balance sheet. In Finnish accounting, leasing is treated as an off-balance-sheet liability.
- Leasing enables updating your equipment to keep up with the latest technologies and adopt cleaner and more energy-efficient machinery
Leasing makes it easier to procure assets, estimate costs, keep cash flow balanced and improve on key figures in the balance sheet. We provide a wide range of leasing solutions based on the needs of every organisation.