What is the difference between a loan and a lease
Posted: Sun Jan 19, 2025 4:23 am
The prerequisites for this were the growth of new business by the end of 2023 to 3.59 trillion rubles, the effect of a low base compared to 2022, as well as the advantages of leasing for small and medium-sized businesses over a loan.
Roman Valkov, head of the digital sales channels malaysia whatsapp number data department at Alfa-Leasing Group, spoke about the difference between leasing and credit.
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Content:
What is the difference between a loan and a lease
Differences between loan and lease agreements
Tax accounting for loans and leasing
What calculations are needed to choose a loan or lease
Where to apply for leasing
Benefits of leasing
Flaws
Results
Most often, users of financial services compare what is better: leasing or credit. The main difference between a leasing transaction and obtaining a consumer loan is the absence of restrictions on the amount. For example, an individual entrepreneur can take out a consumer loan. But, firstly, banks are reluctant to issue them to business representatives. Secondly, despite the fact that in their offers financial institutions indicate a loan amount of 3-5 million rubles, in fact, a little more than 320,000 rubles are approved .
In most cases, individual entrepreneurs are sent to business departments with all the ensuing consequences: a wider list of documents required to complete a transaction, the need to open a current account, and confirm the intended use of the loan. Often, it is necessary to involve a guarantor in the process. Some banks issue loans only to employed citizens who have documents on their average earnings, and the self-employed and individual entrepreneurs are refused even to consider the application.
Roman Valkov, head of the digital sales channels malaysia whatsapp number data department at Alfa-Leasing Group, spoke about the difference between leasing and credit.
Subscribe to RB.RU in Telegram
Content:
What is the difference between a loan and a lease
Differences between loan and lease agreements
Tax accounting for loans and leasing
What calculations are needed to choose a loan or lease
Where to apply for leasing
Benefits of leasing
Flaws
Results
Most often, users of financial services compare what is better: leasing or credit. The main difference between a leasing transaction and obtaining a consumer loan is the absence of restrictions on the amount. For example, an individual entrepreneur can take out a consumer loan. But, firstly, banks are reluctant to issue them to business representatives. Secondly, despite the fact that in their offers financial institutions indicate a loan amount of 3-5 million rubles, in fact, a little more than 320,000 rubles are approved .
In most cases, individual entrepreneurs are sent to business departments with all the ensuing consequences: a wider list of documents required to complete a transaction, the need to open a current account, and confirm the intended use of the loan. Often, it is necessary to involve a guarantor in the process. Some banks issue loans only to employed citizens who have documents on their average earnings, and the self-employed and individual entrepreneurs are refused even to consider the application.