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The devastating effect on lives and global economy by Covid 19 is no longer news. Global economies are now in a similar state as their public health services – on emergency. While cure is being sought for the scourge, countries across the world including Nigeria are putting palliatives in place to cushion the shocks aimed at keeping the economy from total collapse. While it is hard to accurately capture the impact, due to the uncertainties, such as how long the…

WE ARE WITH YOU!!!

March 31, 2020

At this trying time in our history, our thoughts and prayers are with you, your family and friends. It is a difficult time for business and all aspects of our lives. We are however confident that this shall pass soon as we encourage us to stay safe. We look forward to seeing you at the brighter side when its all over. Thank you. ELAN

OPERATING LEASE: MITIGATING RISK AND OPTIMISING PROFITS

February 10, 2020

OPERATING LEASE: MITIGATING RISK AND OPTIMISING PROFIT We are pleased to invite you to an exclusive Operating Lease Course in Nigeria. This programme is designed to expose you to latest techniques in operating lease pricing and packaging that will significantly enhance your yield in operating lease transactions. It will provide greater understanding for IFRS 16 Accounting requirements and develop creative solutions for suitable operating lease transactions that will generate improved income. WHAT TO EXPECT DEFINING OPERATING LEASE :MARKET PLACE…

HOW TO USE EQUIPMENT LEASING TO GROW YOUR BUSINESSES

January 9, 2020

Leasing is the creative financing alternative of today because it meets diverse needs. A lease is an agreement whereby the lessor (owner of equipment) convey to the lessee (user of equipment) the right to use the asset for an agreed period of time, in return for a payment or series of payments. Below are the reasons why this is so Alternative source of capital financing: Leasing provides an alternate source of financing where a company is faced with tight…

27 C’S OF LEASE CREDIT FOR ASSESSING LESSEE RISK

January 9, 2020

In any venture, the question of risk cannot be overlooked in the sense that the investor is taking the chance that the investment might not eventually yield the desired return or the actual cash flow might fall below expectation. Hence, in every investment particularly leasing, risk must be analysed. The following Cs are meant to guide the lessor in risk analysis. 1. Confirmation which is the ability of the lessor to obtain and confirm information supplied by the…

EQUITY CONTRIBUTION AND PURCHASE OPTION

January 9, 2020

Equity contribution and purchase options are common features in lease transactions, In case of equity contribution the intention mainly, is to get the commitment of the lessee while for purchase option is to achieve the true intention in finance lease of the lessee becoming owner of the asset at the end of the lease. Many transactions have scaled through without any issue relating to these. However, the sore point will manifest when there are disputes especially on repossession. Equity contribution…

Secured Transaction, Collateral Registry and Leasing

January 8, 2020

Secured Transaction, Collateral Registry and Leasing In 2017, the Secured Transaction in Movable Assets Act was enacted to encourage the use of movable assets as collateral for a loan. This is part of Government’s efforts to enhance access to finance especially to SMEs and financial inclusion The Act applies to all securities in movable assets created by an agreement that secures payment or the performance of an obligation and all public registries on movable assets are expected to be…

2020 OUTLOOK

January 8, 2020

| Latest News, Processes

2020: WEAK MOMENTUM, MORE CHALLENGES AS LEASING REMAINS RESILIENT The Global Economy According to the World Bank, Global Gross Domestic Product (GDP) growth fell to 2.6% in 2019 – 0.3 percentage point below previous projections – its lowest rate since the financial crisis, reflecting the broad-based weakness observed during the first half of the year, including a further deceleration in investment amid rising trade tension. As recent softness abates, global growth is projected to edge up to 2.7 (some…

THANK YOU FOR YOUR STEADFAST SUPPORT

January 6, 2020