Leasing helps businesses acquire expensive equipment, such as semi-trailers, by spreading the cost over a longer period. Unlike a loan, it requires no collateral and offers tax advantages. A Ministry of Industry and Trade subsidy can increase these benefits by providing leasing customers with a discount. Here we explain how, using Sespel Finance, the leasing company of Cheboksary semi-trailer manufacturer Sespel, as an example.

Government subsidies allow leasing companies to reduce prices

Russian leasing companies with substantial share capital and large customer bases receive government subsidies. These help them offer better terms to businesses and support economic development, enabling agricultural firms to acquire equipment and carriers to buy semi-trailers.

Budget funds are allocated to specific lease agreements and compensate leasing companies for discounts. Although the funds go to leasing companies, entrepreneurs benefit through lower leasing costs.

Conditions for a subsidised leasing discount

• The equipment is manufactured in the Russian Federation
• The lease term is between one year and 60 months
• The advance is between 10% and 49%

The subsidy therefore supports lease agreements benefiting both domestic equipment manufacturers and domestic businesses.

Sespel Finance offers meet these conditions. Customers can lease Sespel fuel and bitumen tankers, grain trailers, tipping semi-trailers, and tanks for chemicals and food products. The plant is based in Russia and its products qualify, making semi-trailer leasing through Sespel Finance 10% cheaper.

Further benefits: competitive rates, approval within 24 hours and insurance savings

Sespel Finance works directly with the manufacturer, so its rate is lower than those of 95% of competitors. If you find a better offer for leasing Sespel semi-trailers, its specialists are ready to reconsider the terms in your favour.

Sespel Finance approves lease applications within 24 hours thanks to efficient document processing with the manufacturer. Direct communication without intermediaries allows it to prepare offers and respond faster than most competitors.

Sespel Finance also helps save on insurance. Comprehensive vehicle insurance is included in lease payments at a better rate than a direct retail policy because the leasing company receives large-customer discounts. Insurance is always spread evenly across monthly payments, whereas some other leasing companies require a large upfront payment. Finally, Sespel Finance adds no extra markup: you lease a new semi-trailer directly from the factory.