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, fill in the application form on the bank’s website 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.