Poonawalla Fincorp is your one-stop solution for auto leasing requirements. We provide this facility to medium and large corporates looking for a fleet acquisition for business needs or employee benefits. Additionally, our Auto Lease solutions are highly customizable to suit your unique needs.
Acquiring company vehicles is necessary to ensure the future growth of your organization. Our Auto Lease solutions are designed to increase your employees’ satisfaction and efficiencies, reduce overhead costs, and maximize profits.
Poonawalla Fincorp can be the perfect partner for your car lease requirements. Here’s why you should choose us for Auto Lease:
Poonawalla Fincorp provides cost-effective leasing solutions to our customers. We ensure that you get only the most suitable fleet for you as per your business requirements. Our products include:
What is Car Leasing?
A Lease is a contract between the owner of an asset (the Lessor) and its user (the Lessee) for the right to use the asset during a specified period in return for a mutually agreed periodic payment (lease rental). A Car Lease denotes the procurement of a vehicle through a lease. It’s an alternative to funding or acquiring a vehicle.
Car leasing is the globally preferred method for the acquisition of an automobile. It provides solutions for all needs pertaining to vehicles for an organization, starting with an unbiased choice of the right vehicle, financing, procurement, and related paperwork. It also includes insurance, troubleshooting, and ultimate disposal; thus, covering all required aspects during the entire period that the vehicle owner wants to own/use the vehicle.
What is the most opted lease period in Auto Lease?
The Auto Lease period could be anywhere between 36 months and 60 months (3-5 years). Depending on your requirement and feasibility, you may choose an appropriate tenure.
Can the lease period be pre-terminated?
Yes, the Lessee must clear any outstanding dues, pay the pre-termination fee, and exit from the lease.
Who will bear the cost of insurance?
It is the Lessee who’ll have to bear the cost of insurance, which can be funded and recovered from monthly lease rentals.
What are the options available at the term of the Auto Lease period?
There are two options available for the terms of the Auto Lease period:
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The key to a sustainable business is its financial and cash flow management! Your working capital helps you define a realistic business growth plan, goals and grab the opportunities on your way. Whether you want to scale up the operations, expand the existing structure, purchase state-of-the-art machines and equipment, or need help in maintaining your day-to-day capital, cash flows management plays a crucial rule for all of them.