Leasing Finance EAD finances Bulgarian natural persons and legal entities for the purchase of new and used cars under the terms of a financial leasing.
The General Terms for financial leasing of cars:
| Lessee: | Bulgarian legal entities and foreign companies operating on the Bulgarian market. |
| Currency of financing: | Euro |
| VAT payment: | The client can choose the option with payment of VAT on delivery of the asset or the option with monthly payment of VAT during the lease period. |
| Minimum advance payment: | 20% of the purchase price for brand new cars and 30% for used cars, due upon signing of the lease agreement. |
| Annual interest: | Floating interest rate, based on BLIR plus margin. In the event of a change during the lease term, the repayment schedule is updated in accordance with this change. |
| Service fee: | One-time, due upon signing of the leasing contract. |
| Term of financing: | From 12 to 60 months for factory new cars and from 12 to 48 months for used cars. |
| Lease payments: | Annuities, payable monthly, quarterly or seasonally. |
| Standard collateral: | The lessor remains the owner of the leased asset until full payment.
Notarization of the lease agreement. Full property insurance of the asset for the lease period. |
| Response time: | The standard term for consideration of leasing requests is up to 2 working days from the day of receipt of the full set of the necessary documents. |