Equipment lease

Equipment leasing allows you to buy any means of production, various machinery and equipment required for provision of services.

What we can do for you?

Call us at 6 800 800 or contact your Relationship Manager.
Let's discuss your needs and find the best solution to your company.

Financial lease

With a financial lease you pay the full price of the property plus interests over the leasing period. When the agreement expires, you become the owner of the property.

Terms

Financed amount: €10,000 or more
Currency:
Interest rate: variable or fixed
Leasing period: up to 5 years
Down payment: 15% or more of purchase price
Age of property at end of rental period: up to 10 years


More about equipment lease

  • How to apply

    Required documents

    • Lease application
    • Personal identification document
    • Audited annual report of the previous year, financial statements of the latest quarters (balance sheet and income statement)
    • Sales quote, value assessment or invoice from the seller
    • In case of larger projects and/or start-ups: business plan of the company

    A relationship manager will contact you if any additional documents are needed.


  • Insurance

    In order to manage risks, a property insurance contract must be signed in addition to the lease agreement.

    The leased equipment must be insured at a bank-approved insurance provider, while taking into account the insurance criteria.

    IIZI Kindlustusmaakler, our partner, provides you with insurance offers from the following insurance providers:

    • If P&C Insurance
    • BTA Insurance
    • Seesam Insurance
    • Salva Insurance
    • Gjensidige Insurance
    • ERGO Insurance SE
    • Inges Insurance (only Motor third party liability insurance)
    • AB “Lietuvos draudimas” Estonian branch (PZU)
    • Compensa Vienna Insurance Group, UADB Estonian branch

    If you get your insurance through IIZI Kindlustusmaakler we will also offer you the following additional benefits:

    • You can make your monthly casco and mandatory motor insurance payments with your lease payments. No VAT added to your insurance payments.
    • IIZI Kindlustusmaakler will let you conveniently renew your insurance policies during the leasing period.
    • In case of a loss event you can get help from IIZI Kindlustusmaakler at 16660.

  • Partners

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