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30.07.07 VAB Leasing enters into a reverse leasing agreement with ESG communication group
VAB Leasing made a unique reverse leasing agreement for the studio equipment of the communication group of ESG.
Reverse leasing allows the leaser to build the equipment to his precise requirements and then enter into a leasing agreement for the financing of the business and so making the investment less risky for them and more attractive for the leasing company.
«In offering to our clients the facility of reverse leasing, we are creating a unique service, which allows them to increase their working capital by putting their equipment into a leasing agreement. In this manner the reverse lease equipment of the client allows him to create the equipment exactly to their needs and to use it for the further development of their business.
Today about 20% of the leasing companies in Ukraine are prepared to offer reverse leasing, while among the banks only a small number are prepared to use this tool. Normally the banks prefer to grant a credit for the purchase of the equipment. In this case they require a mortgage agreement on the client’s property for twice the amount of the credit. VAB Leasing works differently; the mortgage does not have anything to do with the equipment», — the General Director of VAB Leasing, Ljudmila Zolotareva, points out.
«The business of our company is growing and there was a necessity to increase the circulating capital for new business-projects needed for the development of our company. After analysing the suggestions of our financial partners, we came to the conclusion that the proposal of reverse leasing made by VAB Leasing was the best offer to meet our requirements. In financing the expensive studio equipment in reverse leasing, we increased our working capital and continue to be able to make our company grow». The General Director of the communication group ESG George Kaplunenko explains.
Reference dataVAB Leasing was registered in November 2005. Since October 2006 it is a company in the universal finance VAB Group.
VAB Leasing provides services of financial leasing of transport (passenger cars and commercial vehicles), equipment and commercial real estate to corporate and individuals.
The chartered fund of VAB Leasing is 15 150 000 UAH.
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