Financial Lease
Leasing is a long-term lease agreement.

The lease term is usually 3-5 years, and at the end of the lease term, the lessee has the right to purchase the vehicle at the agreed price on the date of signed the contract.

General conditions.
  • The lessee must be a legal person.
  • Effective rate interest.
  • When the end of the lease term, the lessee has the right to purchase the vehicle at the agreed price on the date of signed the contract.
Benefits
Financial
  • Increase the efficiency of capital management and cash flow, enabling business to have maximum financial liquidity and allowing business operators to be able to invest in other areas.
  • Rental fee remains stable throughout the contract, giving no risk regarding interest rate fluctuations according to the bond market. Increase in rental fee will be calculated according to a flat interest rate throughout the term of the contract, allowing the lessee to efficiently plan the investment.
Tax
  • Monthly rental fee is a 100% expense that can reduce the tax incidence of the business.
Management
  • Enhance more options for the payment of scrap value to answer the needs of a future lessee (purchase or return a product to the company).
Loan application
  • Simplifying the loan application process as there is no burden in finding collateral and the consideration process is rapid and simple.
Required Documents
For companies or partnerships
  • Two copies of the registration certificate of company/partnership issued by the Commerce Ministry which are no more than three months old along with the objective and seal.
  • Four copies of national identification card of the authorized board director.
  • Four copies of house registration certificate of the authorized board director.
  • A copy of saving account/current account for the past six months.
  • A copy of asset ownership documents such as land titles.
Notes: The applicant is required to certify every copy of document as a true copy of the original.
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