The leasing market is developing very quickly, and many legal entities and individuals have already positively assessed the benefits of cooperation with leasing companies. If you need automotive or construction machinery, equipment - all this can be purchased on lease.
Instructions
Step 1
Leasing is chosen today by many companies. Leading manufacturers of special machinery and equipment provide an opportunity to conclude a contract. To implement a leasing transaction concluded between the parties, several agreements are signed.
Step 2
First, a lease agreement is concluded. At the same time (or later) a contract of purchase and sale of the leased item is signed. This contract is concluded between the leasing company and the supplier. The supplier's obligations are fixed - we are talking about the delivery of equipment on time. In addition, the contract specifies: the cost of equipment, type of payment, delivery and installation obligations.
Step 3
The text of the sales contract in writing must be agreed with the lessee. When these two documents are in the hands of the leasing company, it can conclude a loan agreement with a bank or investor. On the basis of the agreement, the bank allocates funds for partial payment under the purchase and sale agreement. As a rule, this is about 70% of the cost of the equipment.
Step 4
The lessee transfers the remaining 30% of the property value as an advance payment. The payment is made under a lease agreement to the lessor. The funds that the leasing company receives at this stage are transferred to the supplier as payment under the purchase and sale agreement. Transfer of funds between parties to a transaction is often carried out in several stages. It all depends on the terms of the sales contract.
Step 5
The subject of leasing under a power of attorney issued by the lessor is taken by the lessee. The risks associated with the use of the leased asset, as well as the subject itself, must be insured by an insurance company. The subject of leasing is pledged to the bank, but the collateral is not required.
Step 6
The contract is concluded for a specified period. During the validity period, the client uses the equipment for his own purposes and makes monthly payments, the amount of which is specified in the contract. In this case, the leased asset is owned by the leasing company.
Step 7
If the client of the company violates the terms of payments, then the lessee has the right to pick up the equipment and sell it. With timely payment, after payment of the entire amount under the contract, the ownership of the equipment passes to the lessee. All income and profits that the client of the leasing company received from the use of the leased asset are the property of the client.
