Reversible lease

Make a lease to one of your own equipment to get additional working capital. Funding is granted at a rate of 60% of the equipment or turnover balance value.

Apply

Reversible lease advantages:

  • Term – up to 3 years.

  • Amount from 2000 up to 10 000 EUR.

  • Revision of the application – free of charge.

  • Equipment evaluation – not needed.

  • Commercial pledge – not needed.

  • Fixed yearly interest rate – 7%.

  • Commission on lease execution – 150 EUR (incl. VAT).

How to execute lease contract?

1.

You can arrange leasing at the nearest PrivatBank branch or by contacting a bank manager via the information telephone number 8515.

** Leasing services are provided only for the residents of the Republic of Latvia.

2.

By submitting necessary documents for the bank for consideration of the leasing application:

Lease application;
Guarantor application;
Guarantors passport or eID card copy;
Balance with profit and loss calculation;
Account statement for last 6 months;
Evaluation of a vehicle or machinery.

3.

After necessary documents are submitted, you will promptly receive bank’s response.