Inverse Leasing
Inverse leasing is the type of leasing where lessee sells his property to the bank and on the basis of leasing contract buys it by installments over an agreed period of the contract.
This financing method allows obtaining the necessary amount of money for your property:
- bank buys your property for agreed price;
- you can continue using your property;
- you repay the bank the received money in instalments.
In the case of inverse leasing, property seller and lessee is the same person.
Main Conditions of Inverse Leasing
| Financed amount up to | unlimited |
|---|---|
| Initial deposit |
10 % - new property 20 % - used property |
| Contract period up to | up to 60 months |
| Property age at the end of leasing contract | no more than 15 years |
Other conditions
In order to enter into inverse leasing contract, you must submit the technical inspection card or property manufacturer's service certificate stating that the property is in good technical condition.
If you have some unanswered questions about financing, fill in LEASING REQUEST form or come to Šiaulių bankas branch.