| Leasing KASB Bank provides medium to long term lease facilities to industrial, commercial and service organizations for expansion, balancing, modernization and replacement of existing facilities for:
- Industrial plants / machinery and equipments
- Construction / agricultural machinery and equipments
- Private and commercial vehicles
- Medical, office and communication equipments
KASB Bank provides customized lease financing options on competitive terms to suit the business needs of the lessee. Lease rentals can be uniform or structured and fixed according to the project requirements of the lessee. Our strength lies in quick completion of transactions.
Benefits of Leasing
- Leasing is beneficial for the following reasons:
- Leasing frees working capital for more productive use
- Leasing arrangement is simple to negotiate and administer
- Leasing provides off balance sheet funding
- Lease rentals can be structured to accommodate the operational cash flow pattern of the lessee
- Most expenses associated with the leased equipment can be incorporated in the lease and amortized over the lease period
- Leasing provides hedging against inflation
- A leasing arrangement does not limit the firm's ability to raise credit
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