Leasing

Fiorito Factoring y Negocios Financieros, through Leasing Argentino S.A., offers this financial alternative, giving companies the opportunity to add new plant and equipment to their businesses, with terms for payment longer than the market average.

Principal features of Leasing:

	Even installments adapted to the company’s cash flow.
	Frequency of installments agreed between the parts -monthly, quarterly or half-yearly.
	Fixed or variable interest.
	Currency of contract: pesos or dollars.
	Term on the basis of the nature of the asset.
	Purchase option values according to the type of asset and the term for the transaction (Recommended between 5% and 10%)

Benefits of Leasing:

	The grantor retains ownership of the asset, and the taker makes use of it.
	Financing for up to 100% of the fixed asset without the need to immobilize working capital, nor increase company indebtedness.
	Allows financing at longer terms, without requiring guarantees.
	The full amount of VAT on the purchase of the asset will be paid by the company in each installment over the life of the contract.
	Installments are recorded as an expense, making them deductible for income tax purposes.
	Optimizes liquidity ratio by avoiding immobilization of capital in fixed assets.
	In general, a machine is depreciated for tax purposes over between 8 and 10 years. With a leasing contract at 48 or 60 months, the impact on Income Tax takes place in half that time.
	New machinery means technological upgrading and lower maintenance costs.
	Taker selects the asset and the supplier and agrees price, as well as delivery terms.