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ORIX car leasing specialist will customize the contract based on your needs, including lease term, leasing method, vehicle choice, insurance, maintenance & repair coverage etc. Be it for business travel or company use, flexible payment options and simple application process make ORIX your wisest choice.
ORIX can purchase the vehicles currently owned by the business owners at book price, and design the lease plan according to the customers’ needs. During the lease period, all the vehicles are converted into rental cars and leased back to the customers, which quickly reduces car management hassles. In addition, there will be no capital gains tax issue, since the vehicles were sold at book price.
After sale-leaseback, the financial statement will show a decrease in fixed assets, an increase in cash, and great improvement in ROA, Liquidity Ratio or Debt-to-Equity Ratio. This contributes to the company’s balance sheet performance, and hence helps increasing the loan amount with the bank, allowing business owners to enjoy the immediate benefits of fleet management.
