The lease assets are purchased from the lessee by GLC, and then leased back to the lessee. Sale and Lease Back enables lessee to release cash blocked in the asset, for further expansion.
Leasing Amount – Minimum USD 10,000;
Cofinancing – Minimum 20%;
Leasing Term – Maximum 7 years;
Implicit Rate – 6%-11%;
Insurance;
Operating Period of Company – Profitable business at least 6 months;
Required Documents – Financial Statements of the client and other related documents;
Sales and Lease Back
