Automobiles are purchased by GLC from the Auto Houses or other suppliers and then leased to the lessee. 

 

• Leasing Amount – Minimum USD 10,000;
• Cofinancing – Minimum 20%;
• Leasing Term – Maximum 5 years;
• Implicit Rate – 6%-11%; (if buying from partner Auto Houses implicit rate will be 0%-6%);
• Insurance;
• Operating Period of Company – Profitable business at least 6 months;
• Required Documents – Financial Statements of the client and other related documents;