Eligible projects for leasing of equipment and vehicles
Here are some basic rules that can help you assess whether your project would be acceptable for financing by UBB Interlease:
- UBB Interlease finances companies, which have sufficient experience in performing their activity. We do not finance start-up companies or start-up projects, unless these are supported by financially strong shareholders and/or managers with demonstrated professional experience and successful career.
- UBB Interlease finances companies, which are financially viable and can prove their ability to pay their leasing installments. Contract cancellation and equipment repossession are highly undesirable and are not considered as an acceptable exit during the underwriting of the deal. We do not tolerate applications by companies which report consistent losses and high indebtedness.
- UBB Interlease does not finance equipment, which depreciates fast within the lease term. We make exceptions only for our clients of good standing as well as for companies classified as "prime" according to their reported net revenues.
- The equipment must be standardized and suitable for repossession and remarketing. This is the main reason why UBB Interlease does not finance equipment, which is customized for the needs of the lessee and would be useless out of its premises. We make exceptions only for our prime clients of good standing.