Finance leasing is a medium and
long-term credit for use of equipment instead of borrowing funds
for purchase. VILC will buy the equipment of your specifications
and provide you with the right of use for a lease term covering
a significant portion of the depreciation period of the equipment |
85%
Financing of equipment cost |
In addition to the purchase price VILC pays all the incidental
cost related to the procurement of the lease equipment. No
financial concern about acquiring the lease equipment.
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Convenience |
As our appraisal and documentation process are simple, prompt
and convenient, VILC ensures you quick turnaround. VILC supports
imported formalities for equipment.
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Easy
Accounting |
All expenses related
to Finance Lease (Lease payments) will be considered reasonable
and acceptable to tax authorities. This enables you to reflect
all expenses into your production costs.
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Financial
Flexibility |
Rather than having your capital tied up in one purchase,
leasing allows you to utilize that capital elsewhere to generate
higher profits. It also reduces your cash outflow.
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Sales-Aid
Device |
Manufactures or Dealers of equipment can utilize leasing
as one of your sales promotion tools. If prices or other
factors discourage potential clients, through leasing you
can achieve your sales.
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