Lease Hire-Purchase

WHAT IS LEASE?
As an entrepreneur you want to move forward. BTD Technics understands this and therefore offers you the option to lease your purchase in full or in part. But what exactly is leasing? This is a frequently asked question, but it’s actually quite simple. Leasing is a form of financing that can be used when purchasing a machine. The leasing company finances the machine and you pay a pre-agreed amount every month. There are different forms of leasing (financial lease, operational lease, etc.), but in this case we speak of a financial lease hire purchase.

 

LEASE HIRE PURCHASE
During a financial lease rental purchase, the customer is the economic owner of the machine after signing the lease contract. The machine is directly on the balance sheet. This can be advantageous from an accounting perspective compared to renting. This lease form is very interesting if there is no or insufficient financial space or to improve cash flow. You do not have to make a large investment, but you still become the owner of the new machine. Reserves are retained in order to be able to do business. However, any maintenance costs, reductions or increases in value are for your own account.

CREDIT CHECK
BTD Technics fully helps you with the financial lease rental purchase and has a cooperation agreement with the leasing company De Lage Landen (DLL).

DLL is a subsidiary of Rabobank, has favorable lease rates and is a vendor finance organization (30 million Euro assets) with the following advantages:

• up to 100% financing possible, incl. VAT
• Both new and used assets
• The same costs every month

Are you interested in leasing? Based on your situation, we as BTD Technics can immediately make you a lease proposal  based on your specific wishes. A credit check will be done automatically.

What do we need to make a lease offer? A Chamber of Commerce number, name and address of the buyer.
After acceptance by DLL and with your agreement, you no longer have any financial obligation to BTD Technics. DLL then arranges the lease contract.

LEASE COSTS
The lease costs depend on the term of the contract, the amount to be leased and the current interest rate. These costs are charged monthly. A lease term can be set according to your choice, the term is in any case between 24 and 72 months. The longer the lease term, the lower the monthly costs. However, you will then pay more interest costs compared to a shorter lease term.

ADVANTAGES
You are the direct economic owner of the asset. You can therefore also include it directly on your company’s balance sheet, allowing you to take advantage of attractive tax deduction schemes. You do not have to make a large deposit in advance and you pay a fixed (relatively smaller) amount every month.