What is Leasing?

What is Leasing?

Leasing advantages

You save time and money
Fast approval procedures without mortgage, notary public costs or any other guarantees.

Simple management of leasing costs
Creating a leasing instalment that meets your needs and capacities

Special advantages
Use the special benefits of leased asset insurance and all other benefits in cooperation with our partners.

Basic leasing terms

  • Lessor

According to the Leasing Law, the lessor is a leasing company. To perform the leasing business, the lessors must hold a licence from the either the FBiH or the RS Banking Agency. The leasing company buys the leased asset from a dealer and makes it available to the lessee for use. Based on the purchase agreement with the dealer, the lessor has the ownership over the leased asset. 

The lessor (leasing company) is the actual (legal) owner of the leased asset in both operating and financial leasing, and the economic owner in operating leasing, while the lessee is the economic owner in financial leasing. This means that Raiffeisen LEASING is the owner of the leased asset and that the ownership documents bear the name of Raiffeisen LEASING doo Sarajevo, while the lessee is the economic owner permitted to use the leased asset in line with the agreement.

  • Lessee

The lessee is either a private or a legal entity that selects a leased asset and addresses the leasing company for financing, and that uses the leased asset in line with the leasing agreement.

  • Dealer of the leased asset

The dealer is a legal or private entity that sells the asset to the leasing company.

  • Leased asset

Leased assets are cars, commercial vehicles, cargo vehicles, machinery, equipment or plants.

Practical example: The lessor in our case is Raiffeisen LEASING, and the lessee is you, our customer (private or legal entity) who wishes to buy the leased asset (e.g. car), and the supplier is a car dealer.