If you own movable assets and are looking for funds to make an investment or expand your business, Crystal leaseback allows you to get money at the expense of providing those assets as a security.
In case of applying for leaseback, Crystal Leasing will purchase your existing assets and lease them back to you. You will be able to use the received money for the desired purpose, while in parallel, you will continue using the assets in exchange for a monthly leasing fee. At the end of the lease term, the assets will return into your ownership.
|Purpose||Secured by movable assets|
|Asset type||New or used|
|Leasing recipient||Physical/legal person|
|Leasing amount||From 10 000 GEL – max. 100 000 GEL|
|Amount||Up to 80% of the value|
|Tenor||Up to 60 months|
|Interest rate||From 21%|
|Effective interest rate||From 23%|
|Disbursement fee||0,5- 2%|
|Grace period||Up to 3 months|
|Repayment schedule||Monthly/tailored to income|
|Insurance||Mandatory (depends on the asset type)|