Finance Lease

STI Leasing is primarily into finance leasing of office equipments, manufacturing machineries, construction machineries and vehicles. For an organization in its nascent stage or a company which requires capital equipments for a limited period leasing is the best option available. We as a leading leasing company in Nigeria operating primarily in and around Lagos provide lease finance for new as well as established companies at attractive terms.

This service is purely based on trust, integrity and transparency. Generally, capital goods and manufacturing machineries, if given out on rent for extended periods to a single party, is bought over by the lessee. While settling for this type of transformation of ownership the lessee is able to earn several operational and monetary benefits till the time it attains maturity.

Our Finance Lease Services

We customize our services depending on specific requirements. From 100 percent financing, flexible payment procedures, and purchase options, our service are truly comprehensive and as per your exact demands. It is necessary to operate with flexible terms particularly in a market such as Nigeria which is in its development stage. Developmental stage brings with it several teething problems, and Nigerian economy is not an exception.

Our professionalism allows us to cater to your specific rental demands while our rational approach allows flexibility of operations to suit market needs. This flexibility allows you to return, re-hire, or purchase an item after its rental expiry. From case to case basis moratorium is also offered for some breathing space to customers. This is particularly beneficial for equipments or machineries that have a gestation period.

Advantages of our Finance Lease Services

STI Leasing rental services are laced with numerous benefits that make them stand out.

• Full coverage – Unlike hire purchase, leasing does not involve payment towards the cost of equipment. The entire cost of item or machinery is borne by us. You get to use this equipment or machinery without having to contribute towards the actual cost and without having to share the liability of ownership. Your liability is restricted to payment of rentals only.
• Tax benefits – As rentals do not add to capital costs and regarded as expenses, they are entitled to tax benefits. Rental payments are deductibles from annual income and in effect reduce taxable income. This is specifically advantageous for nascent organizations and companies who are on the lookout of machines and processes on temporary basis.
• Flexibility – Payment terms are modified depending on nature of product and lease period. Taking market conditions into consideration and the specific nature of your business your payment terns are customized.
• Purchase Options – At the end of rental period you have the choice of purchasing the concerned item or re-hire as per your preference. You also have the flexibility to re-hire the same.

We study all options carefully and thereafter offer finance lease solutions to meet your specific needs. These schemes are rational and designed to suit your business demands. We pay attention to all your queries before offering an appropriate rental solution.