Finance lease helps construction contractors obtain ownership of heavy equipment: tractors, forklifts, excavators, etc. - considered productive assets - instead of renting them.
Key Benefits
- Financing of new and used construction equipment.
- The main collateral is the asset itself.
- Financing of up to 90%.
- Rental payments match the contract period, and repayment flexibility.
- Maintenance, insurance, and any other costs can be added to the monthly installment.
- Availability of the equated monthly installments/fixed payment amount option.
- Appropriate lease installments that match the projected cash flows from the use of the leased asset.