Leasing

Whether it be a company or an individual, anyone who wishes to buy an investment good can use leasing.

• Land Transportation Vehicles.
• Aviation Vehicles.
• Naval Transportation Vehicles
• Heavy Construction Machinery
• Medical Equipment
• Textile Machinery
• Production Machinery
• Tourism Equipment
• Electronical and Optical Machinery
• Printing and Publishing Equipment
• Office Equipment
• Real Estate
• Software

 Regardless of supplementary pieces or attachments, each asset that preserves its original character can be the subject of a financial lease agreement.

 After the Financial Leasing, Factoring and Financing Companies Law numbered 6361 was enacted, now you can sell the equipment or real estates at your balance sheets to Alternatif Lease and lease them back to create cash to your company.

Lessor and the lessee determine the lease period together. When the period is over after the last rental payment, the ownership of the asset is transferred to Lessee.

What excels Leasing among other financing types is that it offers a whole service package. Alternatif Lease undertakes all the complicated operations of its customer's chosen equipment; buying, banking and customs procedures, transportation, guarantee and as such. Each require a different expertise. Alternatif Lease also delivers the commodity or the equipment that lessee demands to the destination they need.

Whether it is a commodity or an equipment, every asset subject to leasing under an Investment Incentive Certificate are purchased with 0% VAT and VAT rate on the rentals are reduced to 1%. All new (unused) machinery and equipment with the Customs Tariff Number listed in the attachment of the governmental regulation which came into force by being published in the official gazette and subject to leasing can be purchased with a VAT of 1%. These machines are subject to 8-18% VAT if not leased, depending on the equipment type. You can reach the equipment whose VAT has been reduced to 1% due to the decree classification from the link below.

Click here for VAT Decree.

The leasing transactions are exempted from any taxes, duties and charges. This also applies to security deposits created in relation to the transaction.

Following the signing of the agreement, to transfer the possession of the asset which is the subject of the Lease Agreement and is specified in the incentive certificates, the leasing company applies to 'Ministry of Economy of the Turkish Republic - General Directorate of Incentive Implementation and Foreign Investment' or to the relevant chamber of industry, together with the lessee. The part of the investment in the incentive certificate that is to be realized with leasing can be transferred to the leasing company. When using an incentive certificate, the minimum amount that will be transferred to the financial leasing company has to be 200.000 TRY.

• You reach an agreement with the seller company about the characteristics and the terms of the investment asset you plan to finance with leasing.;
• To receive a pricing proposal in line with your payment plan, you can apply to Alternatif Lease head office or the nearest Alternatif Bank branch and demand for the leasing you need.
• You fill out the Alternatif Lease Financial Lease Application Form, attach the necessary documents and then send them to the above mentioned contact addresses.
• Your application form is evaluated in three (3) days at the latest. If found applicable, Financial Lease Agreement is prepared and signed together with the payment plan and registered before the Association of Financial Leasing (FKB).
• Alternatif Lease completes every step of the purchase (whether domestic or external) process of the leasing asset on behalf of you.
• The investment asset is insured by Alternatif Lease.
• Lessee starts to pay the rental payments as agreed.
• The possession of the investment asset, which is the subject of the Financial Lease Agreement, is transferred to the lessee for a symbolic price when the period specified in the agreement is over.

It is the transaction where any company sells its their own assets subject to depreciation to the leasing company and leases it back. When the lease period is over, assets leased are bought back from the leasing company. Real estates, machinery and equipments with a good second hand value and heavy machinery can be the subject of sale and lease back agreements. The amount to be financed is determined based on the needs of the company and the value of the machinery and the equipment. Real estate transfers are exempted from title deed fees. Sale and lease back is suitable for all businesses.