Leasing allows you to pay rental for the use of an asset over a period of time. This eliminates the need to be concerned about asset obsolescence and asset disposal at the end of its useful life.

A Lease is a contract made between a Lessor and a Lessee for a piece of equipment to be used by the Lessee. This is an alternative to the Lessee purchasing equipment from the manufacturer outright using cash. Instead, a Leasing Company, such as ORIX Leasing Singapore Limited, can purchase the equipment and lease it to you as the Lessee to make use of in return for regular rental payments.

At A Glance

  • Financing of up to 100% of the asset value.
  • Goods and Services Tax (GST) is charged on the monthly rental payments.
  • Title of the asset is retained by the Leasing Company at all times.
  • In general, more applicable to equipment with minimal resale value such as copiers or fast changing technological assets.