logo-pl

  fpk13

 

Financial leasing and Financial leasing (refundable)

Financial leasing

The financial leasing most commonly affects purchasing the property together with the ground, which the customer does not own. (A similar product for a bank credit for purchase of the property) Property Lease Fund S.A. requires the customer to have, inter alia: 30% of the market value of the property (own resources) as the customer's own contribution.

The stages of a transaction

  1. The customer specifies the property that it wants to purchase.
  2. The customer submits the leasing application with leasing required documents including the documents concerning the property.
  3. The credit analysis (economic and financial) of the customer and the risk analysis on the property.
  4. Provision of the offer for the customer.
  5. Specification of the terms of the agreement.
  6. Development of all documents to the agreement.
  7. Signing of the leasing agreement in the form of a notarial deed.
  8. The customer provides, to the bank account of Property Lease Fund S.A., its own contribution (at least 30% of the value of the property) plus other payments resulting from the terms of the agreement.
  9. The leasing fund purchases the property from a person or an entity owns the property (the notarial deed).
  10. Property Lease Fund S.A. provides the purchased property to the lessee according to the terms of the agreement.
  11. The customer pays the leasing instalment according to the specified schedule.
  12. Payment of the final leasing instalment and transfer of the property ownership right (the notarial deed) for the customer.


Financial leasing (refundable)

The financial leasing (refundable) is the most common property leasing transaction. The product is for those, who have already had the property, and wishing to release the frozen funds (cash). The leasing fund acquires from the customer (the lessee) the property and then provides, to the bank account of the lessee, from 40% to 60% of the market value of the acquired property. The customer, on the basis of the signed leasing agreement, pays monthly capital instalments + interest for the leasing fund Property Lease Fund S.A.

After the last instalment has been paid, the property ownership right is provided to the customer (the lessee).

The stages of a transaction

  1. The customer has the property and needs cash
  2. The customer submits the leasing application with leasing required documents including the documents concerning the property (the pictures of the property, the appraisal study).
  3. The credit analysis (economic and financial) of the customer and the risk analysis of the property (the financial documents for the last financial year and for the last 3-9 months).
  4. Provision of the offer to the customer.
  5. Specification of the terms of the agreement.
  6. Development of all documents to the agreement.
  7. Signing of the leasing agreement in the form of a notarial deed.
  8. Signing of the property purchase agreement from the customer in the form of a notarial deed.
  9. Property Lease Fund SA. provides, to the account of the customer, up to 60% of the market value of the property.
  10. The customer monthly pays the leasing instalment according to the specified schedule.
  11. Payment of the final instalment and provision of the property ownership right (the notarial deed); the property ownership right is provided by a notarial deed to the customer.

Copyright © 2015 Propert Lease Fund S.A. All rights reserved | Implementation Infinity MK