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ELAN HOLDS 23RD ANNUAL GENERAL MEETING

The 23rd Annual General Meeting (AGM) of the Equipment Leasing Association of Nigeria (ELAN) shall be held on Thursday, 28th June 2018 at ELAN…

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A NEW DAWN FOR THE LEASING INDUSTRY IN NIGERIA

  The Equipment Leasing Act 2015 is part of Government’s support frame work to further stimulate development of the leasing industry to contribute more…

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THE NIGERIAN LEASING INDUSTRY MAINTAINS POSITIVE OUTLOOK

The Nigerian leasing industry continued its positive growth trend in 2017. Outstanding lease volume during the period stood at N1.44trillion as against N1.26trillionin 2016,…

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10 KEY STEPS TO DEVELOP END OF LEASE NEGOTIATION STRATEGY

Several activities may be performed by the lessor at the end of lease. These include negotiation with the lessee and the first thing to…

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WINNING THE LEASE

These involve several ingredients including: ¨ Identifying the type of lessee: Are they those that need to lease (motivated only by cash consideration e.g. MSMEs…

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UNDERSTAND COMPLIANCE ISSUES IN LEASING

  The Equipment Leasing Act (the new law on leasing in Nigeria), provides guide on how you must drive your business in a way…

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RED FLAGS IN THE ANALYSIS OF BUSINESS PROPOSALS AND OPERATIONS.

WATCH OUT FOR THESE RED FLAGS IN THE ANALYSIS OF PROSPECTS’ BUSINESS PROPOSAL AND OPERATIONS. Before you finance a lease for a lessee (user…

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STRATEGIES TO OVERCOME COMMON OBJECTIONS IN LEASING

It is important for the lessor (owner of asset) to identify objections that may come your way as you prospect for business. Some of…

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INGREDIENTS OF RISK MITIGATION IN LEASING III

Complexity is the degree of sophistication of the asset in terms of engineering design specification, which the lessee must aver to in writing to…

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INGREDIENTS OF RISK MITIGATION IN LEASING II

Capacity is the ability of the lessee to honour his financial obligations to the lessor and other creditors as determined by the assessed viability…

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