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The corporate
lease is founded on the truism that profits are earned through usage and not
through the ownership of an asset. It was this very concept that fueled modern
lease financing as an alternate method of financing in the early 1950’s. The
corporate lease at Saudi ORIX Leasing Company (SOLC) is designed to give your
business an opportunity to acquire movable and immovable assets, without putting
a strain on your cash flows.
How does it work?
The corporate lease works like a
finance lease. All you have to do is identify an asset that you need for your
business from a supplier of your choice. Subsequent to a feasibility study of
your business, SOLC will purchase the asset/s and provide you with unlimited
usage of the asset for a predetermined repayment period structured according to
agreed terms and conditions. An innovative offshoot of the corporate
lease allows you to release cash tied up in recently purchased assets through
the ‘sale and lease back’ transaction, which increases the working capital
available to your business
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