Financial leasing :

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What is financial leasing?

What does this financing solution consist of? How does it work? What type of assets can I lease? Find out the answers to these questions in this video!

Advantages and benefits

Goods fully financed by BIL Lease (including pre-payment of VAT), without any capital outlay by the lessee.
Fixed rates and instalments throughout the lease.
Flexible: can be paid in monthly, quarterly, half-yearly, annual or seasonal instalments to keep track of the lessee’s cash flows; possibility of making a higher initial payment.
Balance sheet neutral: the item does not appear as a fixed asset nor as a liability on the lessee’s balance sheet.
Potential partial or full deduction of lease payments as operating expenses.
Ability to reclaim VAT
(on lease payments).
Continued benefit from the investment-related tax credit.

Equipment covered*

Transport: cars, utility vehicles, trailers, lorries, buses, etc.

Building and public works equipment: civil engineering machinery, cranes, diggers, etc.

Handling equipment: telescopic forklifts, forklift trucks, etc.

Industrial equipment: machine tools, presses, etc.

Farming machinery: tractors, combine harvesters, etc.

IT, office and telecom equipment

Medical and surgical equipment: equipment for dental surgeries, medical imaging, ophthalmology, etc.

Equipment for the HORECA sector: professional kitchens, etc.

Office furniture

*Non-exhaustive list of equipment. Please do not hesitate to contact your BIL relationship manager for more information.

FAQ

WHAT IS A FINANCE LEASE?
  • A finance lease is an agreement for the lease of moveable capital goods for an irrevocable fixed term, at the end of which the lessee may gain ownership of the leased good by exercising the purchase option. Moveable goods can vary from a car or utility vehicle to industrial, production or office equipment. Medical and IT equipment can also be leased.
Lessees have three options at the end of the lease:
There are three options available on expiry of the agreement:
  • purchase the item at the price agreed in the lease;
  • extend the lease;
  • return the item to BIL-Lease.
CAN USED EQUIPMENT BE COVERED BY A LEASE?

Used equipment may be leased under certain conditions.

IS IT POSSIBLE TO MAKE AN OWN CONTRIBUTION?

Financial leasing is designed to finance goods in full. However, it is possible to make a contribution in the form of a larger initial lease payment.