Lease of industrial machinery
Lease of industrial machinery is an opportunity to purchase various units of equipment, machinery and utilities (e.g. production, construction, forestry, medical, printing, agricultural, and trade facilities, office equipment, heavy duty machinery, railway rolling stock, aircraft etc.)
If finance lease is the option you choose, your monthly payments will cover the value of the industrial machinery and at the end of the lease term you will become the owner of the machinery.
General terms of lease of industrial machinery:
- financing is provided to purchase new and second hand industrial machinery;
- the lease is provided for up to 7 years;
- the first instalment begins with 10 % of the value of the industrial machinery;
- the machinery must not be older than 10 years at the end of the lease term;
- floating interest rate, available currencies are LVL, EUR;
- the commission fee on the lease is up to 1.5% of the value of the industrial machinery (documents are accepted and reviewed free of charge).
Documents you need to make a lease transaction:
For legal entities:
- application
- copy of the official representative’s passport
- copy of the registration certificate
- copy of the Statutes
- annual report for the preceding year (including Auditor’s Report)
- balance sheet and profit and loss statement for the latest quarter