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| We provide lease Financing facilities to all market segment of customers, Small & Medium Enterprises, Commercial Houses, Large Corporate organizations. |
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| Under Lease financing we provide; |
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Industrial machinery and motor vehicles at concessionary term. |
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Machinery and Furniture for Hospital use. |
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Truck or Bus for Transportation. |
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Equipment or Furniture for Official use. |
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| Benefits of our Lease financing: |
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We provide 80%-100% lease financing for a period of 3-5 years. Thereby, you can avoid capital investment and utilize fund elsewhere. |
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Your lease rentals can be structured as monthly, quarterly, semi-annually or annually to match with your cash flow generation. |
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Lease financing at ULC are customized into number of facilities like, lease local, sale & lease back and lease foreign. That allows you to lease new or existing asset from local or foreign vendor. |
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As ULC is providing capital or financial lease, at the termination of contracts you will have the opportunity to renew the lease or purchase the asset with a minimum transfer price. |
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You can prepay and adjust full or partial amount with receivable only after adjustment of first six installments. |
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Construction of repayment schedule using this method allows you to pay lower interest as principal payments are gradually adjusted with receivables. |
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Lease rentals are treated as revenue expenditure and are entirely deductable for tax purposes. This provides a greater tax benefit for you in comparison to borrowing. |
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