What is operating lease?

What is operating lease?

Operating leasing is a great way for a business to obtain economic savings versus other financing options such as financial lease or loans. If we look at financing, we would have to consider periodic fees and other expenses such as: commissions, management expenses, taxes, breakdowns, reviews, and maintenance, etc. All of these additional expenses do not happen with renting, because, with a fixed monthly fee, all contracted services are included. This represents a great opportunity to save time and resources in cumbersome procedures, it also and simplifies fleet management, obtaining quality services.

In other words, operating leasing is a fee that doesn’t necessarily include a purchase option, but has maintenance included. The tenant (customer) has the obligation to return the property at the end of the contract. This rental can be done by all types of natural or legal persons and includes a comprehensive service that covers all the points related to the use of the good.

The procedure for marketing the product starts with the renting company buying the new good and, at the request of its customer, making it available for a specified period of time, with all costs included. In the case of operating lease, it should be taken into account that the best services identified by the company are included, which could consist of maintenance, repairs, and reviews marked by the manufacturer during the time of the contract.

If you have made it to this point and still have doubts about how renting can improve your company’s operability, contact us and we will help you.

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