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Leasing & Hire Purchase Services

Boost production capacity and enhance transportation capabilities with our support for machinery and vehicle acquisition.

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Leasing & Hire Purchase Service

Boost production capacity and enhance transportation capabilities with our support for machinery and vehicle acquisition.

What are Leasing and Hire Purchase?

Leasing and Hire Purchase provide a flexible solution for businesses to acquire essential equipment – machinery, vehicles, and more to enhance production capacity, improve logistics, or replace outdated assets. Often referred to as “machinery leasing” or “machinery loans,” these financing options allow IFS Capital to pay the full asset value upfront, eliminating the need for a large upfront investment from your business.

This preserves your cash flow while unlocking operational potential. After receiving the equipment, you will repay the cost in fixed monthly installments over 1-5 years. Leasing offers the option to purchase the equipment at a predetermined price at the end of the lease term, while with hire purchase loans, ownership automatically transfers to you upon fulfillment of all loan conditions and completion of the contract.

What is the difference between Leasing and Hire purchase?

Lone Type

  • Purpose
  • Rental period
  • Ownership at Contract End
  • Credit Limit
  • Rental rate
  • Balance Sheet Recording
  • Suitability
  • Tax Deduction
  • Collateral

Leasing

  • For the long-term rental.
  • 3 - 5 years.
  • you can choose to own, continue renting, or return the equipment.
  • Determined based on company criteria.
  • Fixed throughout the rental period.
  • All rental fees are recording to rent cost.
  • Industrial machinery, construction equipment, transportation vehicles, and medical equipment.
  • All expenses are deductible from taxes as per legal regulations.
  • The financed equipment.

Hire Purchase

  • To own.
  • 1 - 5 years.
  • Upon completion of the contract, ownership will be transferred immediately.
  • Determined based on company criteria.
  • Fixed throughout the rental period.
  • All rental fees are recording to depreciation.
  • industrial machinery, construction equipment, transportation vehicles, and medical equipment.
  • Depreciation and interest expanse are deductible from taxes as per legal regulations.
  • The financed equipment.

Why choose Leasing and Hire purchase with IFS Capital?

Type of equipment eligible for Leasing and Hire purchase

Industrial Machinery

CNC, injection molding machines, printing presses, lathes, milling machines, metal cutting machines, laser machines, weaving machines, forklifts and more.

Heavy Machinery

Excavators, Tractor, Cranes, Cement mixers, Container lifts and more.

Vehicle

Trucks, Trailers, Vans, passenger cars,
and more.

Medical Equipment

CT Scan, MRI, X-Ray and others.

Renewable Energy

Solar Cell, air conditioning system,
and others.

Used Machinery of the Business

Can be used to apply for a loan according to IFS Capital's credit criteria*.

Benefits of Leasing and Hire Purchase

Steps for Leasing and Hire purchase with IFS Capital

Applying for a Leasing or Hire Purchase with IFS Capital is simple. Just click to apply and our officer will contact you back within 24 hours to advise you on the loan application. The steps for applying the loan with IFS Capital are as follows.

Simply provide details about the equipment or vehicle that you are interested in to purchase.

IFS Capital prepares and approves loan proposals such as down payment, interest rates. and the buyback price at the end of the contract

The borrower signs a Lease/Hire Purchase contract and takes delivery of the equipment.

IFS Capital will handle the payment directly to the vendor.

Throughout your lease or hire purchase term, you will benefit from our ongoing support. Our staff will proactively notify you for upcoming annual insurance and tax renewals, keeping you compliant and informed.

Leasing Contracts, Upon contract completion, customers are required to purchase the remaining value of the leased property at the price agreed upon in the contract. Hire Purchase Contracts, Ownership of the property will be transferred to the customer once all contractual terms have been fully fulfilled.

Key Features of Leasing and Hire Purchase

Qualifications of the renter

Documents for consideration of Leasing and Hire Purchase

Frequently asked questions
about Leasing and Hire Purchase

The primary distinction between Leasing and Hire Purchase is the ownership rights granted upon contract completion:

  • Leasing, This option provides lessee the right to purchase the leased property at the end of the lease term, at a predetermined price established in the initial contract. The lessee does not automatically own the property after the lease agreement is fully paid.
  • Hire Purchase, With hire purchase, upon successful completion of all contractual obligations, the ownership of the property is transferred directly to the company.

For Leasing, lease tenor typically ranges from 3 to 5 years, For Hire purchase financing tenor is usually between 1 to 5 years, depending on the requirements and approved conditions.

Yes, rental is based on the loan conditions set by the lessor and is usually paid on monthly basis. The lessee will be responsible for insurance premiums and other expenses related to the rental of property throughout the contract period. However, there will be difference in accounting treatment.

  • Leasing is accounted for rental expenses.
  • Hire purchase is recorded as depreciation.

The lessee cannot unilaterally terminate the leasing or hire purchase agreement before the contract’s maturity. Any termination must be communicated and agreed upon with the lessor, as the leased asset remains the property of the lessor.

Apply for Leasing and Hire Purchase with IFS Capital

Enhance your business potential with our financing solutions for machinery, large equipment, trucks, and more. Benefit from flexible conditions and no additional collateral requirements. We also offer financing for second-hand machinery upon request.

Fax :

0-2285-6335, 0-2679-9157

Facebook :

IFS Capital (Thailand) PCL.

Line :

@ifscapthai

Linkedin :

IFS Capital (Thailand) PCL.

Apply for a loan

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An officer will contact you within one business day.

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