10 ENDS OF LEASE STRATEGY
Generally, the stronger your position as a lessor, the stronger your stands in the negotiation process, Amembal&Halladay (1995) gives the following 10 key steps…
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REQUIREMENTS FOR LEASE AGREEMENT
FINANCE LEASE i. Statement to the effect that the lease is Finance Lease ii. Description of the asset to be leased iii. Total rental…
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PROTECTIVE MECHANISM UNDER EQUIPMENT LEASING ACT
The Equipment Leasing Act 2015 provides that: i. The lessee shall not remove the leased asset from Nigeria without the written consent of…
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MARKETING TIPS FOR LESSORS
Sales promotion and prospecting Who are your prospects? i. Every vendor ii. Every vendor sale person iii. Manufacturer iv. Every retailer, professionals, Service…
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MAJOR BAITS TO AVOID IN LEASE DOCUMENTATION
Succeeding in the leasing world require lessors to guide against certain pitfalls while documenting their transactions. Some of these pitfalls include: ¨ Equity Contributions…
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2018 OUTLOOK:THINGS ARE LOOKING UP
In the second quarter of 2017, the Nigerian economy witnessed positive momentum which marked the beginning of the recovery process from a grueling economic…
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OPPORTUNITIES FOR LEASING IN THE MARITIME SECTOR
The robust activities in the sector and continuous growth premised on the above developments, present enormous opportunities for investors. For instance, the deregulation…
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KEY SUCCESS FACTORS IN HEALTHCARE LEASING
The following are success factors for playing in the Nigerian healthcare system: Design lease products with the following attributes: i. Target a specific…
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HOW LEASING CAN DRIVE GOVERNMENT’S GROWTH AGENDA
Leasing is a creative financing alternative that has grown and established globally which facilitates easy access to capital equipment. It is an imposing…
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TAX CONSIDERATIONS IN LEASING
Leasing is subject to: Value Added Tax (VAT) Withholding Tax and Capital Gain Tax, CITA. Finance Lease VAT is not applicable, that is you…
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