Leasing form abroad is defined by a form of an indirect loan consisting of two types, financing lease from overseas and operating lease from abroad involving a lessor outside the country of the lessee, the first providing with the car of equipment, and the second paying the rates.
Leasing from overseas is simply an indirect financing facility granted through an overseas leasing company (lessor) in favor or a person or an entrepreneur (lessee) who wish to use this type of cross border financing.
Leasing from abroad is often a good option and alternative as it is constituted by an indirect financing structure granted by a lessor in a country where the lessee does not reside and wishes to use a car or equipment.
Overseas leasing is aimed to provide to individuals who want to use a car or an equipment without purchasing it through the intervention of foreign lessors.
WHY LEASE FROM OVERSEAS?
Overseas leasing is becoming more and more popular and this is mainly due to high competition reigning abroad among car lessors and equipment lessors. The main reasons for leasing from overseas are:
Larger offer for car leasing and machinery leasing from overseas.
Less restrictions when leasing from abroad.
In case the car brand is not available in the lessee country.
Car sellers are often more aggressive in foreign countries especially in their home markets.
Overseas car lessors have no access to credit score services or rating agencies to determine the financial situation of a car lessee.
WHO ARE THE TYPICAL LESSEES WHO LEASE FROM ABROAD?
Leasing from abroad is a special service dedicated to individuals as well as entrepreneur who act as lessees:
Individuals who have a bad credit score in their home country.
Entrepreneurs who have problems to obtain a lease contract in their country.
Expatriates who maintain a residence abroad and in their country.
Commuters who live in a country and work in another.
Leasing from overseas is considered as a valuable alternative in the case where the lessee cannot reach an agreement with a lessor in his country with a car dealership as a private person or an equipment manufacturer when he acts as an entrepreneur.
WHAT ARE THE TYPES OF LEASING ARE POSSIBLE FROM OVERSEAS?
They are several types of leasing from abroad and they are consisting of four main options:
Finance lease from overseas (Full Payout Lease) lessor is financier.
Operating lease from abroad.
Sales and lease back from overseas (a lessee sells his car or equipment to the lessor and proceed with leasing back from the lessor).
Personal contract hire (PCH) from abroad, is a type of a long term rent a car option.
Finance lease from abroad or operating lease from abroad are both also subject like in the country of the lessor for a leasing contract to a credit application given the fact that the credit lessor will take the same risks as a normal lender except that the goods remains under the lessor property.
WHAT IS LEASED MOST FROM ABROAD?
Individuals and business people usually lease several types of items, vehicles and equipment and even services such as:
Car leasing from abroad.
Machines leasing from overseas.
Heavy equipment from abroad.
Airplanes from overseas dedicated to international airlines.
OVERSEAS STUDENT LOAN LOAN BROKER OVERSEAS PRIVATE LOAN WITH GUARANTEE EDUCATION LOAN OVERSEAS MORTGAGE BUSINESS LOAN PERSONAL LOAN TAX ON LOANS WITHOUT COLLATERAL MICROFINANCE P2P LOAN CAR LOAN WITHOUT CREDIT CHECK CREDIT CARD DEBT CONSOLIDATION WITHOUT JOB WITH BAD CREDIT WITHOUT UPFRONT FEE FOR DISABLED ISLAMIC LOAN LIST OF LOAN OVERSEAS BROKER OVERSEAS PROPERTY MORTGAGE LOAN FROM OVERSEAS BANK GERMANY LOAN SWITZERLAND LOAN UK LOAN USA LOAN AUSTRALIA LOAN FRANCE LOAN BELGIUM LOAN LUXEMBOURG LOAN MONACO LOAN ANDORRA LOAN CANADA LOAN ISRAEL LOAN DUBAI LOAN LOW INCOME LOAN LEASING FROM ABROAD FOREIGN STUDENT FOR MIGRANT FOR WOMEN ELECTRIC BIKE LOAN STUDENT LOAN REPAYMENT FROM ABROAD LOAN FROM INDIAN OVERSEAS BANK FOR MASTER MORTAGE BROKER OVERSEAS MORTGAGE FOR FARMER OVERSEAS PAYDAY LOAN WITH NEGATIVE RATE>