How Leaseback Works

1. 

   Asset Sale

   Your business sells its owned commercial transport and vehicles to Eska Finance, converting these assets into immediate cash. This capital can support your operations, improve cash flow, or fund growth initiatives.
2. 

   Lease Agreement

   After the sale, Eska Finance leases the same assets back to your company. The lease terms, including payments and duration, are agreed upon during the sale negotiation or through a separate contract
3. 

   Continued Use

   You continue to use your vehicels as usual, ensuring no disruption to your business activities while benefiting from the financial boost provided by the leaseback arrangement.
4. 

   Flexible Applications

   Leaseback can be applied not only to specialized equipment and machinery but also to common assets like used passenger cars and trucks. This flexibility makes it an excellent option for small businesses needing to maintain their vehicle fleets while freeing up capital.

Benefits of Leaseback with Eska Finance

FAQ

• What is leaseback?

  Leaseback, also known as sale-leaseback, is a financial arrangement where a company sells its assets, such as commercial transport and vehicles, to a leasing company and then leases them back. This allows the company to gain immediate liquidity from the sale while continuing to use the assets through regular lease payments.

• How does leaseback work?

  • Asset Sale: Your business sells its owned commercial transport and vehicles to Eska Finance, converting these assets into immediate cash.
  • Lease Agreement: After the sale, Eska Finance leases the same assets back to your company with agreed-upon lease terms.
  • Continued Use: You continue to use the assets as usual while benefiting from the financial boost provided by the leaseback arrangement.
  • Flexible Applications: Leaseback can be applied to various assets, including used passenger cars and trucks.

   

• What types of assets can be leased back?

  Leaseback can be applied to specialized equipment and machinery, commercial transport, and common assets like used passenger cars and trucks. This flexibility makes it a suitable option for many businesses.

   

• What are the benefits of leaseback?

  • Immediate Liquidity: Provides quick cash infusion for maintaining operations, expanding your business, or handling unexpected expenses.
  • Asset Retention: You retain the use of your assets even after selling them, ensuring no disruption to your business activities.
  • Tailored Solutions: Eska Finance offers customized leaseback solutions to meet the specific needs of micro and small entrepreneurs.

   

• Who can benefit from leaseback?

  Leaseback is beneficial for companies with high-cost fixed assets, such as those in the transport, construction, and machinery sectors. Small businesses can also leverage leaseback deals for used passenger cars and trucks.

   

• How quickly can I access funds through a leaseback arrangement?

  Once the sale of your assets is completed, you can access the funds almost immediately, providing a quick boost to your business’s liquidity.

   

• What happens to my assets at the end of the lease period?

  At the end of the lease period, you typically have options to renew the lease, return the assets, or potentially purchase them back, depending on the terms of your agreement with Eska Finance.

   

• Can I use leaseback to expand my business?

  Yes, the immediate liquidity provided by a leaseback arrangement can be used to expand your business, improve cash flow, or invest in growth initiatives.

   

• How does leaseback affect my balance sheet?

  Leaseback converts fixed assets into cash while allowing you to retain their use. This can improve your balance sheet by reducing asset-heavy entries and increasing liquidity.

   

• What are the costs associated with leaseback?

  The costs associated with leaseback include the lease payments agreed upon in the lease agreement. These costs are tailored to your business needs and financial situation.

   

• Can leaseback help with unexpected expenses?

  Yes, leaseback can provide the necessary cash infusion to handle unexpected expenses without disrupting your business operations.

   

• How does Eska Finance tailor leaseback solutions to my business?

  Eska Finance works closely with each client to understand their specific needs and financial situation, offering customized leaseback solutions that provide maximum benefit and flexibility.

   

• Is leaseback a good option for small businesses?

  Yes, leaseback is an excellent option for small businesses needing to maintain their vehicle fleets while freeing up capital for other operational needs

   

• What kind of support does Eska Finance offer during the leaseback process?

  Eska Finance provides expert consultation, handles all paperwork and administrative tasks, and offers ongoing support throughout the term of your lease agreement.

   

• How can I learn more about Eska Finance’s leaseback solutions?

  To learn more about how leaseback can benefit your business, explore our commercial transport and vehicle financing solutions or contact the Eska Finance team for detailed consultation and support.