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Finance Lease

"AJIL Finance lease offers the advantage of a low initial down payment, protection against inflation and the considerable benefit of freeing capital for other purposes"

A Finance Lease is a closed term contract primarily designed to meet the growing requirement for capital asset financing. Under the terms of a finance lease, the client, or lessee, rents the asset from AJIL for a specific time period against a monthly rent. This form of leasing offers the advantage of a low initial down payment, protection against inflation and the considerable advantage of freeing capital for other purposes.

When equipment and vehicles are owned outright, the client naturally has to assume full responsibility for the cost of insurance, maintenance and repair. A finance lease contract can be tailored such that insurance and maintenance costs are included in the monthly rental payments at a fixed price, if so requested by the client.

 

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