|SALES AND LEASE BACK
» Basic information
Sales and lease back is a medium and long term credit carried out by the way of leasing machinery, equipment, means of transportation and other movable assets based on a Lease Agreement between KEXIM VLC and Lessee.
KEXIM VLC shall purchase the assets owned by Lessee, hold the ownership of the leased assets and lease this asset back to the same Lessee under the form of finance leasing. The Lessee shall use the leased assets and make the payment of lease rent during the lease term, which is agreed upon by KEXIM VLC and Lessee. Lessee is also a supplier in Sales and lease back transaction.
Upon completion of financial obligations by the Lessee, the ownership tittle over the leased assets will be transferred to the Lessee.
» Leased asset: machinery, equipment, means of transportation and other movable assets (exclude ship and airplane).
» Interest Rate:
» Currency of Lease Agreement: in VND currency.
SALES AND LEASE BACK
Terms & Conditions: