|
Alternative for a long-term finance. Based upon financing of fixed assets used by the company with property belonging to Banco Votorantim (new or used, locally manufactured or imported, equipment or real estate). Banco Votorantim acquires the asset and then leases to the company. At the end of the lease, through a purchase option the company can acquire the asset against the payment of the Residual Guaranteed Value (VRG).
This structure can be cost efficient to the company since monthly installments (excluding the VRG) are tax deductible (Income tax, PIS/COFINS), depending on the tax regime used by the company.
The supplier receives immediate disbursement, enhancing company's bargaining power.
|
Loans and Financing
