Does leasing affect creditworthiness?

Leasing can be divided into operating lease and finance lease. In the case of operating leasing, the leased asset remains the property of the leasing company. This option is most often used by transport companies, because each lease installment is a tax deductible cost and reduces the company's income in the eyes of the bank, but it is worth remembering that a lower income is associated with lower creditworthiness.

Finance leases have a far lesser effect on financial capacity than operating leases, since in their case the leased asset is shown in the company accounts, and therefore the tax deductible costs include interest on the lease instalments as well as depreciation charges.

Leasing and creditworthiness

Banks are much more favourable to all those who use the financial leasing type, because it has a lesser impact on the amount of income obtained by the company.

Have you used up a possible debt limit in banks and are unable to buy a car on credit? Reach for leasing! Not interested in indebtedness in a bank? Well.... also reach for leasing!

How is the leasing capacity calculated?

The main evaluation criteria are the company's turnover, income, assets, liabilities, time of operation, history and general indicators.

Taking into account the last closed accounting traffic, you will usually be able to receive a lease of no more than 50-60% of your company's annual turnover. Of course, it is important that the company's turnover should increase or remain at the same level; a downward trend is undesirable in this case. Alternating with the company's turnover, the company's income is often taken into account, which should theoretically be higher than 12 lease installments, but it depends on a specific, properly argued situation.

leasing and creditworthiness

The company's assets are mainly determined by the amount of cash and machines, cars, shares in other companies and the fact whether or not the company owns the property. In the case of sole proprietorship, the private property of the owner and possible partners of the company is also taken into account. Companies with accumulated own assets are definitely more preferred for leasing.

BIK, BIG, KRD, BRKN, Infomonitor... Leasing companies will certainly check your credit obligations and the fact that you do not pay them late - if so, you may not receive the lease. Most leasing companies require from 6 to 12 months of operation to lease; some even expect your business to function for at least a few years.

The company's liabilities, if any, are related to loans, borrowings, etc. and the amount of monthly payments, while the ratios include the general debt ratio, equity ratio, current and fast liquidity ratio, as well as profitability ratios and ratios of turnover of receivables and inventories.

If you are interested in leasing a car or an inexpensive machine, the procedures for awarding it are likely to be much simpler.