Transportation

CARS

We offer financial and operating leasing of cars to corporate clients and financial leasing of cars to individuals.

GENERAL TERMS AND CONDITIONS OF STANDARD FINANCIAL LEASING DEAL FOR BRAND NEW CARS

Minimum downpayment: 5% of the value to lease, due upon signing of the lease contract

Tenor: from 1 to 5 years

Currency of lease payments: EUR/BGN

Additional collateral: generally it is not required

GENERAL TERMS AND CONDITIONS OF STANDARD FINANCIAL LEASING DEAL FOR USED CARS

Minimum downpayment: 10% of the value to lease, due upon signing of the lease contract. Depending on the valuation of the car according to SCHWAKE catalogue, the downpayment may be increased

Tenor: from 1 to 4 years

Currency of lease payments: EUR/BGN

Additional collateral: generally it is not required

GENERAL TERMS AND CONDITIONS OF STANDARD OPERATING LEASING DEAL FOR CARS

Tenor: 3 or 4 years

Guarantee deposit: We may require a guarantee deposit amounting up to 3 monthly rents. The guarantee deposit shall be refunded at the expiration of the contract term

Currency of lease payments: EUR/BGN

VAT is due on the monthly rents. The payment schedules offered by us are with equal monthly installments. Car servicing expenses, installation of alarm systems, protection devices (in case the Lessee has required installation of such devices), insurance premiums and other expenses are not included in the lease installments. These expenses may be included in the lease installments distributed equally on annual basis or paid by the client separately. There is possibility for negotiating additional services included in the lease installments.

 

BUSINESS TRANSPORTATION VEHICLES

We finances the acquisition of new and used transportation vehicles through financial leasing to companies operating in transportation business in Bulgaria and the rest of Europe, willing to renovate and bring up-to-date their available vehicle park. This lease product is also oriented to forwarding companies and other companies, interested in leasing of transportation vehicles in order to support their main trade or production activity.

We finances the acquisition of the following kinds of new transportation vehicles:

GENERAL TERMS AND CONDITIONS OF STANDARD FINANCIAL LEASING DEAL FOR NEW TRANSPORTATION VEHICLES

Typical range of transactions: from 10,000 Euro

Minimum downpayment: 10% of the value to lease, due upon signing of the lease contract

Tenor: from 1 to 5 years

Financing: in Euro (USD on exceptional basis)

Currency of lease payments: EUR/BGN

Additional collateral: generally it is not required

GENERAL TERMS AND CONDITIONS OF STANDARD FINANCIAL LEASING DEAL FOR SECOND-HAND TRANSPORTATION VEHICLES

Typical range of transactions: from 10,000 Euro

Minimum downpayment: 20% of the value to lease, due upon signing of the lease contract; Depending on the type of the transportation vehicle, year of manufacture, kilometers covered, technical condition and price offered by the vendor, the down payment may be increased

Tenor: from 1 to 4 years.

Financing: in Euro (USD on exceptional basis)

Currency of lease payments: EUR/BGN

Additional collateral: generally it is not required

The vehicles shall be in good technical condition

The vehicles shall be manufactured after 2002

The vehicles shall have Euro 3 engine or newer