Finance Lease
Finance lease (leasing) is a form of financing encompassing a long-term lease and credit elements. Property is transferred to the ownership of a customer within an agreed period after paying out a price of the property and interest.
Property subject to financing
- Gadgets and equipment
- Vehicles
- Agricultural machinery and equipment
- Construction and other special machinery and equipment
- Other property
Major finance lease terms
Property leased this way may be either new or used.
| Conditions | |
|---|---|
| Credit amount | from EUR 7 000 |
| Agreement period |
from 3 to 60 months |
| Down payment | from 10% of property price |
| Interest | variable or fixed |
| Repayment | in equal monthly instalments (annuity schedule) |
Other conditions
Property acquired this way is subject to obligatory property insurance.
If You still have any questions regarding financing, please visit any customer service point of Šiaulių Bankas and we will be pleased to discuss this financial issue with you.