Who can conclude an agreement with Ltd “Micro Leasing”?

Enterprises that are juridical persons can conclude a lease agreement or rent a real estate with the following repayment. Besides, the agreement is also possible with citizens registered as private entrepreneurs.

What is the minimum cost of leased equipment?

Do you offer equipment lease to new companies?

The minimum cost of equipment is 3 000 Euro. To participate in a lease deal for a new company, a warranty or a security deposit are required.

Is possible the lease of new assets only?

No, our lease company offers not only new but also used equipment.

Does the lessee have the right to be in charge of the leased asset during the agreement term?

For the term of the lease agreement Ltd “Mikro Leasing” retains the title for the leased asset. That’s why if you want to transfer the asset to another enterprise or entrepreneur, for instance in sublease, you will have to receive the consent of our company.

Who is financially responsible for the asset during the term of lease agreement?
As a rule, the lessee is financially responsible for the leased asset. In this case the latter fulfils the accelerated amortization, while the lease company can give consultations on the questions regarding the bookkeeping of the asset.

Who pays for asset’s registration at the Motor Vehicle Inspectorate, the Military Registration office and for examination at the maintenance checkup?

If the leased equipment is registered to the lessee, the latter is financially responsible for all the expenses listed above.

Who insures the leased asset?

Either the lessee or the lessor can insure the asset for the whole period of the agreement. The insurance is given by the leading assurance companies of Belarus. In case of the auto lease CASCO insurance is obligatory.

Who searches for the equipment supplier – the lessee or the lessor?
Either the lessee or the lessor can choose the supplier in case of mutual accord. As a rule the lessor has already established affairs with suppliers of different kinds of equipment: from vehicles and specialized equipment to machinery of any complexity.

How is your company financed?
Because of the activity specification, the company has a wide range of possibilities to replenish its floating funds. These are credits given by Belarusian and foreign banks, suppliers’ facilities, private capital and other investments attracted by our company. The company “Mikro Leasing” doesn’t plan to use bank credits and is realizing the financing of the projects due to the promoters, which helps to reduce additional client’s expenses as well as the time of the project’s realization.

What is more profitable lease or credit?

In comparison to credit, lease is more accessible. Concluding a lease agreement doesn’t require additional deposit procedures. The lease cost turns out to be 10-15% cheaper than that of a credit. Besides, lease allows to reduce the tax burden of the enterprise, because the lease payments refer completely to the original price of the asset.

What are you paying attention for considering a client’s case?
Our main purpose when considering a client’s documentation is to understand his financial state and to find the possibility of transport and equipment provision. While taking the decision about further collaboration, our company pays much attention to the stability of its future investments.

According to the official accounting we have finished the previous year with losses. Can our firm count on obtaining specialized equipment in lease?
The deal conclusion is possible in the presence of a guarantee (a juridical person with an established financial history, who works not less than a year) or in the presence of an additional security deposit. For us it’s important to understand the reason for your loss and to estimate your business perspectives. In any way it’s a situation that can be discussed.

Is it possible to redeem the lease asset before the end of the agreement?

You have the right to redeem the lease asset before the end of the agreement. In this case our company will not penalize you in any way. The pre-term repayment will allow you to reduce the lease deal expenses.

What is the process of transferring the right of property of the leased asset to the lessee?

The right of property of the asset is transferred to the lessee at the end of the agreement. The cost of repayment is usually fixed in the agreement and includes the part of amortization that rests or some insignificant amount. The lessee takes the asset to his balance at the price that is equal to a minimum one.

What is the difference between the Belarusian leasing and the European leasing?

There are no principal differences. In the legislation of the majority of European countries in the quality of the lessee can be either juridical or physical persons. For instance, in many countries of the Eastern Europe up to 80 % of cars are being purchased by leasing.

On what conditions the lease agreement can be dissolved ahead of time?

According to the acting legislation and also to the lease agreement conditions, the agreement can be dissolved in the following cases:
- if the lessee hasn’t inserted the prepayment, according to the agreement conditions;
- in case of ignoring two lease payments in a row
- if the lessee ignores the quality maintenance of the asset and deteriorates its consumer qualities
- in other cases, indicated in the lease agreement.

Is it possible simplified leasing?

If you use a simplified tax system, you will have the opportunity to collaborate with “Mikro Leasing”. Nevertheless, the amount of your profit tax will not be reduced. Besides, you will not be able to save on the property tax.