Lease consulting of small and medium business

Olena Yakovleva, Project Leader of TEKOM-Lease, acted as a speaker at the seminar on leases for small and medium business representatives.

On 26th April, a seminar-training “Leasing: Peculiarities of Services and Customer Benefits” was held in Mykolaiv as a part of the USAID Project “Transformation of the Financial Sector”.

Such seminars were held by the National Agricultural Consultants Association, USAID Project in collaboration with the Association “Ukrainian Union of Lessors” for representatives of the small and medium agricultural business in 12 cities of Ukraine:

  • Lviv;
  • Lutsk;
  • Vinnytsia;
  • Ivano-Frankivsk;
  • Rivne;
  • Khmelnytskyi;
  • Ternopil;
  • Kharkiv;
  • Dnipro;
  • Zaporizhia;
  • Kherson;

The following practical instruments and examples of funds raising for the business development were studied at the leasing seminar:

  1. How to optimise money flows and renew main funds for increasing profits.
  2. How to get a tax loan for 100 % of the leasing facility cost by making just an initial payment.
  3. Lease: advantageous alternative of the bank loan.
  4. A new instrument of financing that is widely used at the international level.
  5. How to get basic assets and have a balance attractive for banks and others.

Olena Sukharenko, USAID Project Consultant, having many years of experience in the consulting in the sector of finances, risk assessment, crediting and leasing, spoke of the peculiarities of leasing, its distinctions from loans, credits and advantages for leaseholders. A special focus was made on the accounting of leasing transactions and review of standard leasing facilities. In the course of the seminar, the representative of our company, Olena Yakovleva, familiarised the audience with leasing and real projects of lease financing of agricultural machinery, using TEKOM-Lease operations as an example. She explained basic terms and mechanisms of the provided financing programs in each individual case.

Pavlo Mukhin, Head of TEKOM-Lease, thinks that such educational events are good from all sides. Financial organisations (Leasing companies) understand needs and wants of the target audience more deeply, including its awareness in terms of funding sources. Small and medium business representatives get a qualified consulting as regards funding sources that give new development opportunities.