Products & Services: Leasing
 ORIX Leasing Malaysia Berhad

CONCEPT
 Basic concept of a lease is that "Profits are earned through Use - Not Ownership of Equipment"

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Leasing is defined as a written contract entered into between a leasing company (called "the Lessor") on the one part and the User of the equipment (called "the Lessee") on the other part whereby the Lessee agrees to pay the Lessor a specified sum of rentals over an obligatory period of time in consideration for the use of capital equipment owned by the Lessor without the Lessee having to purchase or own the equipment.
 

Why Lease?

  1. As an additional source of equipment financing, leasing allows conversation of working capital that can then be channeled to other productive business uses.

  2. Lease rentals are tax deductible.

  3. Fixed rental payments assist in budgeting and ease cash flow.

  4. Unlike an overdraft or revolving credit facility, a lease in non-cancelable once it has been executed.

  5. Hedges against inflation as rental payments are fixed and made out of future earnings.

  6. Simplified documentation.

  7. Lease period can be tailored to match the practical useful life of the equipment.

  8. Up to 100% financing for qualified applicant.

Application of lease is widely found in the following industries/sectors:  


Business services 
Trading 
Manufacturing  
Transport  
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Printing and packaging  
Agricultural  
Professional services  
Information technology
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- Sole proprietorship
- Partnership
- Limited company
- Unlimited company
- Professional firm		 - Societies
- Associations
- Regional office
- Representative office


What equipment can be leased?

Virtually any movable asset can be leased. However, for easy reference the main items of equipment for leasing are categorized as follows:-

  • Computers and IT-related

  • Office Equipment

  • Industrial and Manufacturing Equipment

  • Commercial and Private Vehicles

  • Construction and Heavy Equipment  

  • Medical Equipment

  • Material Handling Equipment

  • Others - garage equipment, photography equipment etc.

  • What is the difference between leasing and hire purchase?
    The lessor is the owner of leased equipment and the lessee rents the equipment to use by paying the lessor a fixed monthly rental. Ownership stays with the lessor. In hire purchase, the hirer services installment payment for and is the beneficial owner of the equipment financed. Title to the equipment will pass to the hirer once installment payment is concluded.

  • What is the shortest lease term permissible?
    Twenty-Four (24) months.

  • What are the charges to be incurred for leasing?
    A monthly all inclusive lease rental is payable in advance. Ad Valorem stamp duty is payable based on total lease rentals.

  • Can a lessee cancel or terminate the lease contract early?
    A finance lease, is non-cancelable but may be terminated     early subject to a tax compensation payment to the lessor if the lease is less than 24 months. 
  How to apply?
Contact ORIX Leasing Malaysia Berhad and complete application form
- Download the application form PDF format* (205kb) / Word format (158kb)
- Fill in the application form and fax it over 
  to 03-2148 5713 / 2142 2794
* Required Adobe Acrobat Reader.
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