You effectively acquire all financial benefits and risks without actually acquiring legal title. The legal title will pass to you when all payments have been made. The leasing rate is fixed and collected monthly until the full value of the asset (plus finance charges) has been collected. At the end of the lease, the asset is sold to you.

Arctic Leasing operates as an arranger and agent for banks and other financing institutions, introducing finance leases for containers and other transportation. The primary target of this business sector is to arrange funding of new equipment for operators on 5-10 year full payout, finance leases. A finance lease is a full-payout, non-cancellable agreement, the term tends to be longer, nearly covering the useful life of the equipment.

Procurement Leasing

You identify the asset (and negotiate the price) and we buy it from the manufacturer (if new) or the previous owner (if used) and we rent it to you.

You as the customer will select the equipment and negotiate the terms with the supplier. Arctic Leasing gives your company full usage rights to the equipment even though Arctic Leasing will be formal owner.