Equipment Lease
Equipment Lease: Standard Terms
| Lease item |
Any type of equipment purchased domestically or imported |
| Transaction type |
Foreign or domestic agreement |
| Amount |
min. RUB 1,500,000 |
| Period |
up to 6 years |
| Down payment |
min. 20%* |
| Currency |
RUB, USD, EUR |
| Interest rate |
min. 9% per annum** |
| Quotation and offer made |
within 1 business day |
| Security |
The lease item remains property of leasing company; suretyship agreements. |
Notes:
* Depends on the equipment liquidity
** Subject to ruble financing for up to 4 years, a 30% down payment; lease item on the Lessor's books; insurance not included
Lessee Requirements:
| Business form |
Legal entity (except for sole proprietors), Russian resident |
| Registration period |
min. 12 months |
| Region |
The lessee operates in Absolut Bank's coverage regions |
| Credit history |
No adverse credit / lease history
No adverse information about the Customer or Surety
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| Additional terms |
Annual revenues of min. RUB 300 million
No negative equity
No losses for the last 6 months
Suretyship by individuals having a 50% interest in the business
The lessee requirements apply to the whole group (if the customer is a member of a group of companies)
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Our Advantages
Absolut Leasing is a subsidiary of Absolut Bank (ZAO), a member of KBC Group (Belgium). Absolut Bank is one of the Russian banks with a stable position on the market. As a member of Europe's largest financial corporation, Absolut Bank has an all-time access to the funding required.
A wide range of fund-raising instruments such as various letters of credit, direct loans of western and Russian banks, direct ECA-covered loans of western banks, etc.
To obtain finance, you need to:
- Apply to the nearest office of Absolut Bank or fill in the application form on our website
- Disclose information about the company and transaction details for a preliminary conclusion on the financing possibility
- Obtain a quotation and advice of manager
- Submit a set of company documents and obtain a Credit Committee approval
- Sign the required papers with Absolut Leasing and make a down payment
Please do not hesitate to contact Corporate Banking International Division of Absolut Bank should you have any questions:
Tel. +7 495 228 69 66
Fax + 7 495 777 71 60
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