Since 1990. Member of LEASEUROPE
OUR PURPOSE
The Association’s aim is to disseminate, promote, expand and develop the concept of leasing in Greece, to investigate and solve problems of interest to its members as well as to represent its members in Greece and in other countries.
WHAT IS FINANCED
- Real Estate
- Vehicles
- Equipment
- Aircraft
MAIN BENEFITS
- Modern Financing tool for the acquisition of fixed assets
- Maintenance of Liquidity
- Payment Flexibility
- Lower financing costs
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Our Members
1990
Establishment of the Association
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Main Forms of Leasing
What is Leasing?
Leasing is an international term meaning the transfer of the right to use a fixed asset from a lessor (owner) to a lessee (user) for a certain “fee” for a specific period of time in the form of a lease.
MAIN FORMS OF LEASING
- Financial Leasing
- Sale and Lease Back
- Vendor Leasing
- Syndicated Leasing
ADVANTAGES FOR LESSEE
- Financing the total value of the investment
- Increase in liquidity
- Business protection
- Flexibility in the payment schedule
- Tax deduction of all rentals
- Link to Development and Other Financing Programs (subject to Development Law)
ADVANTAGES FOR THE LESSOR
- Leasing is a regular term loan (IAS) with more collateral. Therefore the lease carries less risk to the financial institution (lessor) than the bank lending to the financial institution (lender)
- Leasing as a new product expands the bank’s customer base and offers additional business opportunities.
