Leasing

A convenient financing solution for business development!

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Leasing – financing the expansion of your agribusiness or machinery

Amount – EUR 10,000 and above

Down payment – 10% of the property value and above

Leasing period – up to 84 months

Leasing can also be provided for used property

Types of leasing offered by Urbo Bankas

Financial leasing
Is a type of leasing in which the lessee pays the bank the full purchase price of an item, interest and VAT during the leasing period and becomes the owner of the item at the end of the leasing period.
Inverse leasing
Is a type of leasing in which the lessee sells an item he/she owns to the bank and buys it back in instalments under a leasing agreement, i.e., the seller of the leased item and the lessee are one and the same person.
Residual value leasing
Is a type of leasing in which the lessee pays part of the cost of the item as specified in the lease agreement during the term of the leasing, and the remainder of the cost of the item is left to be paid together with the lessee’s own final payment, with the rest of the lease to be paid out over the agreed period, or with the item to be repurchased by a third-party buyer.

How do I get it?

1.
Submit an application
Submit your completed credit application online.
Submit application
2.
Wait for our decision
The bank will provide a decision on the credit as soon as possible after the application is submitted.
3.
Sign the agreement
Sign a credit agreement with the bank. The bank pays for the item purchased and transfers the right to use it to you.

Frequently asked questions

Financial lease

The lessee pays the bank the full purchase price of the property, including interest and VAT, during the leasing period, and becomes the owner of the property at the end of the leasing period.

Inverse leasing

The lessee sells his property to the Bank and on the basis of leasing contract buys it by installments, i.e. leasing property seller and lessee is the same person.

Leasing with residual value

The lessee pays part of the price of the property as specified in the leasing contract during the leasing period, and the remaining part of the property price is left to be paid with the final instalment, which is paid by the lessee. The remaining part of the lease is paid out over an agreed period of time, or the property is repurchased by a third party buyer.

  • Leasing does not require the use of working capital;
  • Putting an item into use after paying only part of its value;
  • No pledge of additional assets required;
  • The down payment ranges from 10% of the value of the property to be acquired;
  • The minimum amount to be financed is EUR 15,000;
  • The object must be insured only with an insurance company acceptable to Urbo bankas;
  • Cars and agricultural machinery must be not older than 15 years at the end of the leasing contract, and freight and special vehicles must be not older than 10 years.

When leasing equipment or vehicles, it is possible to take advantage of guarantees from Investicijų ir verslo garantijos, UAB (INVEGA). The object must be insured only with an insurance company acceptable to Urbo Bank.

Have any questions?

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