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Financial Lease
Financial lease is offered to clients who wish to use movable assets as motorbikes, tricycles, care and agriculture machineries for their daily business or personal activities in long-term period without investing their own capital.
Clients can purchase the identified movable assets and become its legal owner and pay monthly lease fee LOLC insurance fee charges.
Benefits
-  Get the reequipment assets for your personal activities or business operations without using your own financial resources
   or capital.
-  Transform gross expend into paying back to the LOLC monthly.
-  Increase your income and /or expand your business operation.
Lease Period
-  The minimum of lease period is 12 months and the maximum is up to 60 moths.
Requirements Documents
-  Fiscal Financial Statement (if any).
-  Salary pay slips for employee (if clients’ income id from salary).
-  Identification documents (ID card, family, book, or birth certificate, etc.).
-  For corporate entities, any legal documents are required such as business registration certificate, memorandum of article,
   license, etc.
Other Conditions
Clients shall comply with some term and condition as below:
-  Provide related ducuments as LOLC requires to suport the request of finsncial lease.
-  Choose the asset and any suppliers of the asset without relying on the skills or judgement of the Lessor. LOLC purchases the
   asset pursuant to the financial lease agreement.
-  Use the leased asset for reasonable and legal purposes.
-  Not allow to embellish, remove sticker identifying LOLC’s ownership, or renovate leased asset.
-  Not allow to transfer, donate, make succession, sell, collateralize, mortgage, pledge, or pawn the leased asset without prior
    written consent from Lessor.
-  Take care and maintain the leased assets in a good condition based on the life of leased assets.
-  Notify damage/loss of the leased assets to the Lessor.
-  Cooperate with LOLC’s staff on the monitoring process of the utilization of leased assets, lessee’s income, business trend,
    and financial health.
Contact Information
To apply for LOLC’s financial Lease, follow these simple steps:
-  Talk to LOLC staff member in your area or at the nearest LOLC office or via call center 023 991 991.
-  Request a specific movable assets and term based on your needs.
Head Office
#666B, Street 271, Sangkat Phsar Daeum Thkov, Khan Chamkar Mon, Phnom Penh, Cambodia
Tel: (+855) 23 991 991
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