The contracting sector relies on its work on construction machinery and equipment, including bulldozers, cranes, and excavators, all of which are considered construction requirements. Therefore, Al-Kawthar Leasing Company assists companies operating in the sector in obtaining these assets instead of renting them from the market, with the possibility of arranging the financing leasing installments in proportion to the duration of the contracting contract and rental costs.
Advantages of financial leasing for the Contracting Sector
The possibility of financing new or used construction machinery and equipment.
The opportunity to finance up to 80% of the value of the asset.
The leased asset is used as a basic guarantee and a source of repayment.
Maintenance and comprehensive insurance, as well as other expenses, can be added to the monthly installment.
Leasing installments are equivalent to the expected cash flow from the asset.
High flexibility in the installments with the possibility of using the variable installments method in proportion to the income of the tenant.
Ease and speed of procedures.
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