Financial Leasing Agreement
Financial leasing agreement, is a financing instrument with a forced term to acquire or renew essential goods for the operation of your business, always looking for the best price in the market and that provides flexibility for its acquisition.
It is regulated by the General Law of Securities and Credit Operations, in which it is established that the lessor is the person who is obliged to acquire certain assets and, subsequently, grant their use or temporary enjoyment, in a forced period. , in favor of the lessee, who is obliged to pay an amount of money in installments, covering the total value to acquire the goods, financial charges and other accessories that are stipulated, as well as to adopt at the expiration of the Financial Lease Agreement of the following terminal options:
• Purchase of the goods at a price lower than their acquisition value.
• Extension of the term.
• Participate with the lessor in the sale price of the goods in favor of a third party.
The use of Financial Leasing has increased over time, because it provides an ease of acquiring a good, at an affordable cost, thus serving the needs of businesses.
Currently, knowing and understanding the provisions applicable to Financial Leasing is very important for both the lessor and the lessee, in order to prevent further inconvenience, either between the parties or with third parties.
By virtue of the foregoing, it is important to attend and understand the agreements related to the Financial Leasing that you wish to carry out, having a proper legal consultancy, which is why our Firm puts at your disposal its specialized legal services, where you will find a professional and committed team with each client.
If you have any questions, contact us.