Archer Finance is a Leasing company that provides different financing solutions for companies with a focus on SME’s.
About Archer
Archer Finance Leasing is an Egyptian joint stock company, that was established in 2007 according to law no 95 for 1992. Leasing Licence number 248. It was formed to provide medium term financing in the form of fixed asset leasing. Archer Finance focuses on serving the small and medium enterprises (SME), who needs flexible financing solutions that will aid in their growth and expansion.
Mission:
We aim to support the businesses development and growth through providing tailored and different financing solutions that will meet the client’s funding needs and maximize our shareholders wealth.
What is Leasing
Leasing is a contractual arrangement between two parties Archer Finance (previously Grand investment for Leasing) and the Lessee (The Client).
The Leasing Company purchases the asset on behalf of the lessee and the Lessee obtains the right to use the asset from the leasing company and pays pre-determined rentals over a pre-determined period for the use of the asset. The lessee has the right or option to own the asset at any given time.
What could be leased?
Any asset could be leased such as :
Benefits Of Leasing with Archer Finance :
- Flexible, fast and understandable
- Free working Capital for More productive Use.
- Increase the borrowing Capacity of the Lessee, as the Leasing “Off the Balance Sheet”.
- Finance against Non-bankable assets.
- Lower the lessee’s leverage.
- Increase the Assets efficiency by increase the Return on Assets.
- Tax deductibility of lease payments provides a larger and more immediate cash flow than that provided by deprecation & Interest deductions.
- Work with Archer Finance that has experience of more than 15 years.
Leasing Options
1) Direct Lease
It is a lease arrangement between the Leasing Company and a customer where the Leasing Company purchases the Asset and lease that Asset to the lessee, with the amount of the payments and the time period specified. (New Asset)
2) Sell and Lease Back
if you have already the asset and want to grow your business we can provide you with the sell and lease back option. It is an arrangement where the seller of an asset “Lessee”, leases backs the same asset from the purchaser “Leasing Company”. In a leaseback arrangement, the specifics of the arrangement are made immediately after the sale of the asset, with the amount of the payments and the time period specified.
What we Lease:
- Medical Equipment
- Machineries
- Production Lines
- Industry Equipment
- Commercial Vehicles
- Real Estate.
- Printing and media equipment
- IT Equipment (Hardware).
The required documents:
- Legal documents
- Financial statements
- Asset list
- Ownership proof
- ID of owners