With financial leasing you only pay for the use of machinery and equipment

A financial lease has a fixed monthly lease payment, so it is an easy way to purchase machinery or equipment without needing any other collateral.

Financial leasing means renting machinery and equipment where your company only pays for the use of the machinery or equipment. The lease does not include maintenance. Financial leases have an agreed residual value for which the customer is liable. After the lease term, the machine or device is usually sold to a vendor. If the sales price is higher than the residual value, the difference is returned to the customer. If the sales price is lower, the customer is charged for the difference. You can submit a financial leasing application at our vendor partner’s office. 

Features of financial leases:

  • Long-term 2–5-year lease agreement for a new machine or equipment
  • The machine or equipment serves as collateral
  • Initial deposit is 10–20% of the price of the new machine or equipment 
  • Fixed monthly lease payments, excluding maintenance
  • No kilometre restrictions
  • Customer is liable for the residual value on the expiry of the agreement
  • The difference between the sales price and the residual value is refunded to the customer or the negative difference is charged to the customer

Benefits of financial leasing for your company:

  • Your capital is not tied up to owning the machinery or equipment – you only pay for the use.
  • The leased machine is an off-balance-sheet arrangement and the lease payments are booked as expenses.
  • You can choose the make, model and vendor freely.
  • You can trade in the machine during the agreement period.

Finance Leasing Tariff, Corporate Customers

Valid from 1st of January 2023

Finance Leasing Tariff for Corporate Customers

An arrangement fee of 0.5% on the agreement capital, domestic / import leasing, min. 

300 / 600 €

Bank guarantee, domestic / foreign175 / 350 €
Personal or corporate guarantee, per guarantee90 €
Other security (e.g. pledge)175 €
Documentary credit or forward trade850 €

Advance payment agreement (creation of the agreement and the first payment)

following payments

175 €

90 €

Extension of the preliminary status, per lease agreement175 €

Fee for aggregate invoicing, 1–2 agreements

3-10 agreements 

more than 10 agreements

9 €

18 €

30 €

Adding an agreement to an aggregate invoice or change of due date50 €
Invoicing fee of sales invoice9 €
Copy of receipts or agreements, written confirmation or ordered reports30 €
Liabilities statementin accordance with the bank’s tariff

IFRS reports

100 €

Export registration

urgent/same-day processing

50 €

75 €

Driving instruction permit30 €
Investigations / alterations agreed on separately; hourly rate, minimum fee 100 €
100 € / h
Partial redemption of assets under the agreement / object100 €
Rescission of the agreement175 €
Registration / changes (registration costs subject to Traficom’s currently valid tariff are added to the price)
30 €
Change to repayment plan200 €
Assignment of an agreement, merger300 €
Extention of agreement
200 €
Cancellation of termination of agreement175 €
Agreement on repayment period for lease payment15 €
Reminder letter / call (no VAT added)12 €
Draft (no VAT added)
42 €
Protesting a draft (no VAT added)58 €

Valid VAT is added to the prices. This prices can vary based on the terms of the contract. In addition, any external costs that are caused for Nordea Finance from the procedures will be charged. When determining the fees for applying changes to a collection and payment plan, we always follow the valid debt collection legislation.