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.|