Leasing & Hire Purchase – Financial Solutions for Business Growth Without Large Upfront Investment

■ What is Leasing & Hire Purchase?Leasing and Hire Purchase are financial solutions that enable businesses to acquire machinery, equipment, or vehicles essential for operations without requiring a large upfront investment. IFS Capital will pay the full asset price to the seller, and businesses will make monthly installment payments over a predetermined period, typically between 1 to 5 years.
- Leasing (Rental Agreement): At the end of the contract, businesses can choose to purchase the asset at a predetermined price or return it to the lessor.
- Hire Purchase (Installment Sale Agreement): Upon contract completion, the business will automatically gain ownership of the asset.
This solution allows businesses to maintain financial liquidity while effectively expanding their operational capacity.
■ Key Benefits of Leasing & Hire Purchase from IFS Capital
- No collateral required : The purchased asset itself serves as security.
- Reduces the burden of large investments : Facilitates better cash flow management.
- Fixed interest rate throughout the contract : Protects against interest rate fluctuations.
- Flexible repayment terms : Ranging from 1 to 5 years.
- Immediate asset acquisition and usage : Enhances productivity and operations.
■ Types of Assets Eligible for Leasing & Hire Purchase
- Industrial Machinery : CNC machines, plastic injection machines, printing machines, lathes, metal cutting machines.
- Heavy Equipment : Excavators, cranes, cement mixers, container forklifts.
- Business Vehicles : Trucks, trailers, vans, corporate cars.
- Medical Equipment : X-ray machines, MRI machines, CT scanners.
- Renewable Energy Equipment : Solar panel systems, smart air conditioning systems.
- Used Business Machinery : Can be used as collateral for financing.
■ Steps to Apply for Leasing & Hire Purchase with IFS Capital
- Provide asset details : Specify the machinery or vehicle to be purchased.
- IFS Capital reviews and approves financing : Determines the down payment, interest rate, and buyback price (for leasing).
- Sign the contract and receive the asset : Immediate usability upon contract signing.
- IFS Capital pays the seller : No large upfront payment needed from the business.
- Ongoing support : Annual tax and insurance reminders for easy management.
■ Eligibility Requirements
- Registered as a legal entity and operating for at least 3 years.
- Minimum monthly revenue of 3 million THB.
- No history of bad debt with financial institutions.
■ Required Documents for Loan Approval
- Quotation of the asset to be purchased.
- Company certification document.
- P.P.30 (VAT) report for the past 1 year.
- Financial statements for the past 1 year.
- Company bank statements for the past 6 months.
Leasing & Hire Purchase from IFS Capital enables your business to grow steadily without requiring a large upfront investment.