ING Lease at the service of artisans
Do you need a work tool to support your business?
Financial leasing can be used to finance any tangible property, material or equipment, involved in the economic activity of a company or self-employed worker.
It is a simple and interesting alternative to traditional financing, whether for new investments or refinancing.
What can be financed with a financial leasing?*
*Non-exhaustive list
What are the benefits of a financial lease?
- This product allows you to use material or equipment while maintaining your cash flow and potential lines of credit for other requirements.
- In addition, rents are tax deductible as external charges.
- Lastly, leasing involves 100% financing, so you will not need to make an initial contribution.
How does a financial lease work?
To summarise, imagine that you need a machine tool to speed up your production. Rather than buying it, you ask ING Lease to buy it and ING leases out this equipment to you. So you use it but you are not the owner. From the beginning the contract defines the monthly rent and the purchase option (also called residual value). This is linked to the value at maturity of the property.
Interested?
My Money Business
Articles that might interest you
-
Often you hear people say: “Anyway, until I have paid off my home loan it’s the bank who owns my house”. But is it true?
-
It is always the same question that every one of us is asking before signing a home loan with his bank. To gain a more objective overview, let’s analyse them one by one with their respective advantages and disadvantages.
-
The rate remains fixed for a pre-defined period and, at the end of the period, is subject to a revision. The pre-defined period can vary from one bank to another but is generally 3, 5 or 10 years.