Business Banking

U-leasing

U-LEASING – A CO-BRANDED LEASE PRODUCT OF UBB AND INTERLEASE
 
 The U-Leasing product allows you to lease:
 
  • New or used production equipment;
  • New or used transportation vehicles;
  • New office equipment.

The U-Leasing product gives an easy access to the desired financing through:
 
  • Applying in the branch network of UBB;
  • Fast approval;
  • Possibility of an approved limit within which you can lease the assets chosen by you;
  • Flexibility in choosing the financed assets;
  • Processing the documents and signing the agreement at your branch of UBB.

 

 
Leasing amount
From EUR 15 000 up to EUR 2 000 000
Minimum initial installment
15% -  for new transportation vehicles;
20% - for all the other types of new assets;
Upon leasing used assets the amount of the initial installment is determined according to the year of manufacturing and the technical state of the leased asset.
Currency of financing
EUR/BGN
Leasing period
From 1 to 5 years
Repayment
Equal monthly installments on the principal;
Interest
From 8.90% to 11.60% depending on the currency of the financing and the type of the leased asset, formed as a floating 3-month Euribor interest plus a margin (for EUR financing) and a 3-month Sofibor plus a margin (for financing in BGN).
Other
Additional collateral – not required;
Customs clearance and financing of import customs duties (duties, VAT) upon purchase of assets from foreign suppliers;
VAT Financing upon purchase of assets from Bulgarian suppliers or such from other EU member states;
Registration of the transportation vehicles at the Traffic Control Authority;
Insurance of the leased assets at reputed insurance companies under preferential conditions.