Leasing – free your capital for other purposes

Leasing means a long-term lease of capital assets.

Assess easier the investment return and manage cash flow

The predictable lease payment makes it easier to assess the investment return and manage cash flow.


Leasing enables updating your equipment easier

Keep up with the latest technologies and adopt cleaner and more energy-efficient machinery.

Leasing can be utilised for the procurement of many forms of movable capital assets

Leasing means a long-term lease of capital assets. For many of us, the term ‘leasing’ is mainly familiar from the world of cars, but leasing can also be utilised for the procurement of many other forms of movable capital assets. In addition to vehicles, you can lease ICT and office equipment and furniture, production and working machines, industrial equipment and even office premises.  

Leasing makes it possible to rent products on the long-term. Just like with hire purchase agreements, leasing enables a company to pay a monthly fee. The difference is that the device does not automatically change owners at the end of the agreement, although, in many cases, the company may want to redeem the machine, device or vehicle at the end of the lease period. 

A product acquired through hire purchase instalments, i.e. investment financing, on the other hand, is bought for the hiring company. The ownership is transferred once the last product instalment has been paid.

Leasing products for many purposes

OP offers tailored leasing solutions to cater for your different requirements.

  Machinery and device leasing Car leasing IT equipment leasing
For whom? For companies For companies and private persons For companies and corporations
Financed object Vehicles, machinery, equipment, furniture and even space solutions Cars and vehicles IT equipment
Does it include insurance? No, but you can request a quote from Pohjola Insurance. The customer can select OP
Comprehensive Motor Vehicle Insurance Plus Financing (incl. motor liability and
comprehensive motor vehicle insurance).
The customer can include equipment insurance in the service.
Typical lease term 3–6 years 2–4 years 2–4 years
Additional financing services Reporting according to the customer’s requirements, including IFRS16 Repair and/or tyre services according to the customer’s choice Life-cycle management service via an electronic device register


At the end of the lease period, you can continue the lease, redeem the asset or find a buyer for it. Unlike in finance leases, the lease asset added via a lease agreement is returned to the seller or service provider after the lease period.

Benefits of leasing for your company

Leasing makes it easier to invest your company’s capital assets. Other advantages are that leasing does not tie your company’s capital like owning does and the leased asset acts as collateral for financing. Leasing provides your company with an effective and easy way of financing equipment and other acquisitions. 

Benefits of leasing for your company: 

  • The predictable leased amount makes it easier to keep expenses in check.
  • The even cash flow facilitates cash management.
  • Capital asset management is flexible, for example, in accordance with fluctuating capacity.
  • Leasing makes it possible to update your fleet to keep pace with the latest technologies and switch to cleaner and more energy-efficient devices.
  • Leasing diversifies the financing structure and enhances the balance sheet. In Finnish accounting, leasing is a liability, which is not included in the balance sheet.

Next, we will talk more about our different financing solutions.

Machinery and device leasing 

Leasing can be used to finance a wide range of movable capital assets. In terms of machinery and devices, this means anything from office and store furniture to transport equipment, working machines, production machines and industrial devices. We can also provide financing for real property purchases and even a variety of space solutions.

When leasing machinery or devices, you can select between two different products: finance lease and lease agreement. Finance lease enables you to continue your lease at the end of the lease period, find a buyer for the leased property, or redeem the leased property. If you choose the lease agreement, the property will be returned to the seller at the end of the contract period.

Company car solutions: Car leasing, Leasing Plus and Finance Lease

We offer an end-to-end car life-cycle management solution tailored to your company’s car policy. You have several financing options to choose from: OP Car Leasing, full-service maintenance lease or OP Leasing Plus and OP Finance Lease. OP Car Leasing is suitable for both private and business use.

You can easily add OP Comprehensive Motor Vehicle Insurance Plus Financing to conveniently manage both motor liability insurance and comprehensive motor vehicle insurance on the same invoice.

OP Capital Assets Service is a leasing solution for IT equipment

OP Capital Assets Service provides a convenient way to finance IT equipment and other movable capital assets, such as production, logistics and warehousing equipment or office and store furniture. 

The lease term for IT equipment is usually between 36 and 48 months, and you can add insurance to your package. The useful lives of different components are determined in advance, which makes upgrading easy when the time comes. We also take care of wiping your data securely and recycling your old IT equipment.

Our life-cycle management service and web-based asset catalogue make managing your IT equipment and other capital assets easy. You can make use of the register in reporting. The register also enables you to allocate and monitor your capital assets' total costs of ownership during their use.


Leasing Credit Limit brings flexibility to procurement

For all-year procurement, we offer a fast and flexible Leasing Credit Limit.

The Leasing Credit Limit is an easy, contemporary solution for your company’s all-year capital asset procurement and management. If necessary, the limit enables you to make purchases, while the paid lease instalments free some Credit Limit. 

Benefits for your company:

  • Simplifies and speeds up the procurement process
  • Makes capital asset management easier
  • Facilitates procurement and invoice approval for larger businesses with several functions by means of boundary conditions and processes agreed in advance
  • Enables the customer’s business operations, such as leasing
  • Brings cost savings

Vendor financing

OP provides your company with the opportunity to offer financing for vehicle, machinery, device, home, leisure and health care purchases. 

With our help, your company always has access to a designated contact person, and we also offer training for the use of online services and the sale of financing products. 

Our financing solutions help increase your sales and improve your company's competitiveness.

Read more about vendor financing

I have access to lease financing – where can I see my financing information?

If you have access to lease financing, you can see your financing information on OP's online financing service (in Finnish). You can log into the service with your personal online banking user identifiers issued by any Finnish bank or with a Mobile ID.