By taking advantage of CITY-LEASING Zrt’s financial leasing products, your business can get access to financing simply and quickly, under fair and favorable conditions.
This financing structure involves us purchasing the object of leasing selected by our Clients with the purpose of transferring its rights of use to the lessee in exchange for a lease payment. In case of closed-end leasing, the object of the lease becomes the property of the lessee at the end of the lease term, upon payment of the last lease payment. In case of an open-end lease, the lessee has the option to name the prospective owner.
Currency of financing: Hungarian forint, euro
Interest: during the term, interest rates are adjusted in accordance with changes in the BUBOR/EURIBOR rates.
Insurance: casco/property insurance covering the object of the lease is required throughout the entire lease term.
We are obligated to register the conclusion of the lease agreement in the Collateral Register (Hitelbiztosítéki Nyilvántartás, HBNY) system operated by the Hungarian Chamber of Civil Law Notaries. This is conditional on the Lessee’s holding a valid HBNY registration and a making a declaration of identity at a public notary of their choosing.