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FINANCE LEASE
What is a Finance Lease?
A Finance Lease is a contract made between you and SICOM Financial Services Ltd, allowing you to use a specific asset in consideration of rental payments over a period of time while SICOM Financial Services Ltd retains legal ownership of the asset. |
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Main features of a Finance Lease |
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You can spread your rental payments over a predetermined period, the minimum period is 12 months Lease rentals cover the cost of the assets and financing costs i.e. repayments split into capital and interest
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We offer maintenance and insurance packages if you so require |
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You have the option to acquire the leased asset at maturity upon payment of the residual value (normally equivalent to 1% of the value of the contract) |
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Finance leases are exclusive of VAT; VAT is payable up-front upon acquisition of your asset, that is at the inception of your lease agreement |
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Why should you go for a Finance Lease? |
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SICOM Financial Services Ltd will finance either partially or wholly the purchase of the asset chosen by you |
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We offer you personalised lease options that are tailored to suit your income streams and ease out any cash flow constraints |
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Title to the equipment is transferable to you at the end of the lease period |
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Your next move |
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If you want to find out more about Finance Lease or how we can help you find the best lease option according to your needs, please call or visit SICOM Financial Services Ltd and arrange for an appointment with one of our officers. |
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Alternatively call us on 203 8420 or email us at sfsl@sicom.intnet.mu leaving your name, address, phone numbers and we will arrange for someone to contact you. |
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