The constant struggle with the problems of the lack of funds for further activities of the company is a problem for many entrepreneurs. Taking loans is always a solution, but their repayment is simply unprofitable from a business point of view. If a new device is needed for our company, it is better to lease machines.
Instead of signing another loan agreement or borrowing equipment from the manufacturer for years, companies often use machinery leasing . Its essence is to provide the required item for business purposes. Leasing is always signed between two or three parties: a machine manufacturer, a company and possibly a leasing bank.
The company gets the equipment needed for it, and in exchange for the leasing of machines from a bank or manufacturer, it undertakes to regularly repay installments of the value of the machine plus interest.
The Civil Code specifies, among other things, what forms of machinery leasing can appear in the contract. These are among others:
Operational machine leasing is based on the fact that the actual owner of the machine is the company signing the contract with the bank. It pays only installments with interest for purchasing a device with foreign capital. However, he does not get any depreciation and insurance.
On the other hand, financial leasing is the reverse of operating lease. The bank is the owner of the machine and withdraws it from the company, and in return insures it and amortises its value. At the end of the contract, the company may buy a leased machine.
The last lease of machines to choose, or return, actually consists in the fact that the company transfers its equipment to the bank, and in return grants it loans. It’s a bit like setting up at a pawnshop, but the company can always buy back its machine if it’s needed.