Navigate to main page content
PrivateBusiness

Equipment leasing

Machinery for new possibilities

  • For new and used agricultural, construction, warehouse equipment.
  • Financing will be more accessible with the support of European Investment Fund.
  • Easy to set up online - from applying to final repayment.

Information regarding potential risks

Improper fulfilment of your financial obligations may negatively affect your credit history, increase the price of credit, and if the agreement is terminated due to material breach on your side, you may lose any payments already made, as well as the any rights to the financed property.

Calculate payment

Purchase amount
EUR
Term
Down payment
 EUR

Monthly payment
0 EUR

Show chart

  • Agricultural and forestry equipment.
  • Construction equipment - tractors, bulldozers, excavators.
  • Utility equipment – loaders, forklifts.
  • Manufacturing equipment etc.
  • Become the owner of the equipment at the end of the lease period.
  • Gradually pay out equipment purchase value and interest within the lease period.
  • Possibility to buy a used or new equipment.
  • Possibility to return an equipment to the buyback provider or buy it out for residual value at the end of lease period.
  • Suitable for buying a new or used equipment.
  1. Fill in an application via Internet Banking or apply for consultation.
  2. Submit equipment valuation if needed.
  3. The agreement may be signed via Internet Bank.
  4. Pay the down payment, contract fee invoices.
  5. Register the equipment on behalf of Swedbank Lizingas UAB at the relevant registry.

The equipment must have valid CASCO insurance and MTPL insurance, if asset used in traffic. If your CASCO insurance provider is not Swedbank P&C Insurance AS, send a copy of the policy by e-mail to hl.draudimas@swedbank.lt.

  • Leasing equipment or machinery maturity at the end of the leasing contract – 15 years.
  • Financed amount from 6 000 €.
  • Period of contract up to 5 years.
  • Down payment from 15%. Smaller down payment is possible with EIF guarantee.
  • The list of insurance companies acceptable for UAB Swedbank lizingas can be found here.
Improper fulfilment of your financial obligations increases your funding costs and can negatively affect your credit history; moreover, if the agreement is terminated due to a material violation on your part, forced debt recovery may be commenced and in case of leasing agreement you may lose not only paid premiums but also your ownership of the pledged property.
Service or operation name Fee
Fee for concluding the agreement
Fee for concluding a lease/operating lease agreement From 1 % of the property value, minimum EUR 150 (plus VAT in the case of operating lease)
Additional fee for concluding a lease/operating lease agreement when a car appraisal report1 is not provided (in that case the property value shall be determined by the Company itself; a car is delivered for examination to the place and at the time specified by the Company (if Company does not specify that car appraisal will be done without car delivery for examination)) EUR 60 (plus VAT in the case of operating lease)
Fee for amendment to the agreement
Fee for amendment to the agreement EUR 90 (plus VAT in the case of operating lease)
Fee only for extension of the operating lease agreement for up to 2 months EUR 45 plus VAT
Unless the agreement provides otherwise, the fee for amendment to the agreement shall not be charged in the case of the following amendments: - adjustment of the property value after import;
- deferral/shortening of the term of periodic payments when the seller delays the delivery of the property/delivers the property earlier;
- inclusion, change, refusal of the property insurance organisation service;
- inclusion of services in the agreements of lease with services;
- refusal of the service of the organisation of compulsory insurance of civil liability of the property user;
- replacement of the property insurance organisation service by the service of organisation of the property insurance with Swedbank P&C Insurance AS Lithuanian Branch;
- adjustment of the property specification.
Fee for the authorisation for the sub-rent, sublease, loan-for-use of the property (the fee shall be charged per each agreement separately) EUR 30 plus VAT
Fee for the change of documents: issue of a new fuel card instead of the old one, issue of a duplicate of the civil liability insurance policy EUR 10 plus VAT
Fee for the arrangement on the conditional pledge of the property or for a trilateral arrangement on the redemption of the property EUR 90 plus VAT
Fee for the issue of a certificate: a certificate for audit purposes and different other certificates EUR 25 plus VAT
Fee for the issue of a certificate granting the right to travel abroad (the fee shall not be charged when the certificate is issued to a customer (manager of the customer's company)) EUR 10 plus VAT
Fee for the issue of documentary copies
Agreement copy with annexes EUR 10 plus VAT
Copies of other documents (a fee for copies of VAT invoices shall be charged only for the invoices issued more than 2 months before) EUR 2 plus VAT per page
Duplicates of completion deeds shall be issued free of charge.
Private customers submitting a written request shall have the right to receive free of charge the relevant schedule of payments. The schedule of payments shall also be posted on the internet bank of Swedbank.
Fee for resumed validity of agreements upon cancellation of their termination
When agreements are resumed during the same month in which they were terminated For one agreement - from EUR 90, for each additional agreement - from EUR 30 (plus VAT in the case of operating lease, and also in the case of lease, without making changes in the schedule)
When agreements are resumed which were terminated during the previous or earlier month For one agreement - from EUR 90, for each additional agreement - from EUR 30 (plus VAT in the case of operating lease), also paying the amount of interest unpaid during the termination period according to all agreements being resumed (issuing one single invoice) 2
Operating lease agreement termination fee (is charged when the agreement is terminated on the customer's initiative and consent of the Company) 3
When, at the same time, a new lease or operating lease agreement is concluded with the Company EUR 75 plus VAT
In all other cases EUR 150 plus VAT
Property sale administration fee upon expiry or early termination of the operating lease agreement (when the Company agrees to sell the property)3:
Property sale to the customer who has leased it From EUR 300 plus VAT
Property sale to a third party From EUR 400 plus VAT
Additional one-time services (if not included in the agreement): handing of the insured event, performance of technical maintenance and roadworthiness testing, roadside assistance for 24 hr, delivery of a replacement car to another city, car wash, etc. EUR 35 /h plus VAT
Replacement car (if not included in the agreement)
A replacement car service shall also cover a short-term car rent service, provided that at least one operating lease agreement or parking maintenance agreement concluded with the customer is valid.
Price per day, EUR, plus VAT
Number of days Economic Compact Medium Large
1-7 days 29 EUR 35 EUR 41 EUR 53 EUR
8-14 days 24 EUR 29 EUR 35 EUR 47 EUR
15-21 days 21 EUR 24 EUR 29 EUR 41 EUR
22-29 days 18 EUR 21 EUR 27 EUR 35 EUR
Price per month, EUR, plus VAT
1-11 months 377 EUR 435 EUR 522 EUR 638 EUR
Price per month, EUR, plus VAT, when a replacement car is rented until delivery of the property ordered by the customer
1-11 months 290 EUR 348 EUR 435 EUR 551 EUR

Where monthly fees are charged, mileage shall be limited to 3 000 km/month.

Additional fees
Fuel supply fee According to actual costs
Fuel supply administration fee EUR 15 plus VAT
Car delivery fee:
Vilnius - Kaunas EUR 50 plus VAT
Between other cities EUR 0.60 /km plus VAT

1 A car appraisal report issued by the appraiser acceptable to the Company shall be required when the obligations by existing contract are transferring to the new customer or car is purchased from the seller who is not included in the List of Sellers Acceptable to the Company.

2 Outstanding interest shall be calculated as a product of the amount of interest of the first invoice unissued according to the schedule and the number/periods of unissued invoices (until the agreement is resumed).

3 This fee may be included in the sales price of leased property or paid separately.

Typical example of total consumer credit annual percentage rate calculation (for natural persons who have acquired leased assets for personal, family or household purposes, but not for business or professional purposes):

Assumptions: Price of the car selected – 20 000 EUR, contract term – 60 months, advance paid by the Client – 10 percent, financed amount – 18 000 EUR, interest rate – 6 months Euribor (at least 0%) + 2.29% (calculated annual interest rate – 2.29%) ., contract fee – 200 EUR (monthly instalment – 318.49 EUR).

In order to receive consumer credit, the Client must have (open) an account with Swedbank, AB, with a set minimum daily services fee of 0.70 EUR per month. The client must also, at his/her own expense, buy insurance for the car at an insurance company acceptable by Swedbank under conditions set out in the agreement (insurance cost is not included in the total consumer credit annual percentage rate). Total consumer credit annual percentage rate is then equal to 2.86 percent

Calculations of the total consumer credit annual percentage rate and the total amount payable by the borrower are based on the assumptions that the agreement will be valid for the entire duration of the agreement, the total credit amount will be paid out on the day of signing the agreement, the parties to the agreement will fulfil their obligations arising from the agreement by respecting the terms and conditions set out therein, the annual interest rate, the amount of fees and other charges paid by the Client will remain the same as at the time of concluding the agreement and will continue to be applied until its expiry.

Documentation

You can:

  • ask to extend the agreement term;
  • request to postpone payments if you are facing financial difficulties;
  • make partial payments or fully redeem your assets early.

To change the contract please submit an application.

Authorisation for Use of The Vehicle

  • Using the vehicle in Lithuania and elsewhere in the EU no authorisation is required.
  • Using the vehicle in another foreign country fill in the Application for Authorisation. In case you travel with your leased car or motorbike to Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, Belarus or Russia, you will need to conclude a supplementary policy in addition to your Casco insurance policy.

If you wish to redeem property in the case of financial leasing, submit an application on the Swedbank’s Internet Bank for Business, by e-mail to verslas@swedbank.lt or by calling +370 5 268 4422. Having paid the indicated amount you will become the owner of redeemed property.

Upon expiry of the term of the financial lease agreement and upon payment of all purchase instalments and other amounts payable under the financial lease agreement you will become the owner of the leased property.

If your agreement is a financial lease agreement with residual value, you may apply for its extension under the conditions acceptable by both parties. Please email to verslas@swedbank.lt no later than one month prior to expiry date, specifying the term for which you want to extend the agreement. If we do not receive your notice within the said term, we will deem that you plan to pay all instalments (including the residual value) according to the pre-defined schedule.

If you wish to extend the agreement, please email us to lizingas@swedbank.lt and provide additional information:

  • the term of extension desired;
  • the mileage or the number of hours of operation of the property present at the moment of lease extension;
  • the estimated mileage or the number of hours of operation of the property at the end of the extended lease term.

If you wish to purchase equipment or special machinery:

  • Swedbank lizingas will prepare an offer for the acquisition of the property at a price corresponding to its market price;
  • if the terms of the offer are acceptable to you, you will pay the specified price to Swedbank lizingas and the title to the property will be transferred to you under a sale and purchase agreement.

If you wish to return equipment or special machinery to Swedbank lizingas, please make sure that the property meets the conditions stipulated in the agreement, including the following:

  • The mileage or the number of hours of operation do not exceed the maximum permissible value under the agreement. Otherwise an invoice will be issued to you for the excess kilometres or hours of operation, charging the fee specified in the agreement.
  • The property is returned together with relevant documentation in the same complete state as you have received it, considering normal wear and tear. This means that the property must be complete according to the manufacturer’s specification, with all additional equipment transferred/installed for you, comply with the manufacturer’s requirements, be clean and without any visible or hidden external or internal defects.

Please note that should you fail to return the property in due time, Swedbank lizingas will be entitled to charge penalty at the rate equal to double lease fee.

If equipment or special machinery is subject to registration, upon expiry of the financial lease agreement or upon early redemption of property Swedbank lizingas will send you a statement of termination of the lease agreement. You can also receive this document by visiting a customer service branch of Swedbank lizingas. Upon receipt of the end-of-contract deed, you must immediately declare the change of ownership of the vehicle at your own expense.

If the property is not subject to registration, you will receive a statement of termination only upon submission of a relevant application.

If you have purchased a vehicle leased under an operating lease agreement from Swedbank lizingas under a sale and purchase agreement, you must immediately declare the change of ownership of the vehicle at your own expense.

Upon expiry of the term of your financial lease or operating lease agreement you should check whether insurance contracts obtained from or through Swedbank lizingas have not expired. You can see all insurance contracts concluded with Swedbank P&C Insurance, AS, Lithuania branch on the Swedbank’s Internet Bank for Business, where you can apply to change them.

Contracts entered into between the European Investment Fund (EIF) and Swedbank enable us to provide loans and leasing services to micro, small and medium-sized enterprises in Estonia, Latvia, and Lithuania. The EIF aims at helping to finance and carry out investments in the European Union and ensuring greater access to capital. The guarantee programmes also help financing necessary investments if an enterprise does not have sufficient collateral.

EaSI guarantee

The objective of this program is to increase access to finance for micro-enterprises by offering additional guarantee from the EIF.

Requirements for using the EaSI guarantee:

  • Fixed assets and working capital are financed.
  • The maximum amount to be financed is 25 000 €.
  • The company has up to 9 employees.
  • Annual turnover is up to 2 million € or the balance sheet total is up to 2 million €.
  • The guarantee is free of charge.

To get the EIF-supported financing, ask your contact person in the bank or fill in an application.

The supported financing benefits from the support of the European Union under the Guarantee Facility established under Regulation (EU) No 1296/2013 of the European Parliament and the Council establishing a Union Programme for Employment and Social Innovation (“EASI”) and the European Fund for Strategic Investment (“EFSI”) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing. Additional information on EFSI can be found on the information page provided by the European Commission (https://ec.europa.eu/priorities/jobs-growth-and-investment/investment-plan_en) and on Twitter (#investEU).

COSME guarantee

Requirements for using the COSME guarantee:

  • Fixed assets and working capital are financed.
  • The maximum amount to be financed is 1.5 million €.
  • The company has up to 249 employees.
  • Annual turnover is up to 50 million € or the balance sheet total is up to 43 million €.
  • The guarantee is free of charge.

To get the EIF-supported financing, ask your contact person in the bank or fill in an application.

This financing is made possible thanks to the Guarantee that has been provided by COSME and the European Fund for Strategic Investment (“EFSI”) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

Expert consultations and tailor-made financing solutions for turning the farm’s plans into reality.

To find out which financing option would work best for your company, sign up for a consultation!

Read more

Choose the purpose of financing and find suitable loan.

Read more
Swedbank logo

Jūsų Internet Explorer naršyklė nebepalaikoma.

Prašome naudoti Google Chrome, Mozilla Firefox ar Microsoft Edge naršykles.

Nuo 2021 03 23 nebebus galima jungtis prie „Swedbank“ interneto banko naudojantis naršykle „Internet Explorer“.

Taip pat nebebus galima tvirtinti ar vykdyti mokėjimų iš „Swedbank“ kituose tinklalapiuose naudojantis „Internet Explorer“.

Siūlome Jums naudotis naršyklėmis „Google Chrome“, „Mozilla Firefox“ ar naujausia „Microsoft Edge“ versija. Norėdami sužinoti, kaip įdiegti naršykles spauskite čia.

С 23.03.2021 Интернет-банк Swedbank недоступен в браузере Internet Explorer.

С помощью Internet Explorer невозможно авторизоваться или осуществлять платежи через Swedbank на сторонних веб-страницах.

Вместо браузера Internet Explorer мы рекомендуем использовать браузеры Google Chrome, Mozilla Firefox или Microsoft Edge. Инструкции по установке упомянутых браузеров можно найти здесь.

From 23.03.2021 Swedbank Internet Bank and Banklink is no longer available using Internet Explorer browser.

It is not possible to authorize or make payments from Swedbank on other web pages using Internet Explorer.

Instead, we suggest using Google Chrome, Mozilla Firefox or the newest version of Microsoft Edge. To find out how to install the suggested browsers, please click here.

Swedbank
  • Jūsų įrenginio operacinė sistema ir interneto naršyklė yra pasenusi ir nėra palaikoma Swedbank interneto banke. Prašome atnaujinti operacinę sistemą bei interneto naršyklę arba kreiptis į IT specialistus techninės pagalbos.
  • The operating system of your device & your browser are too outdated to be supported by Swedbank Internet Bank. Please, update the operating system & browser or turn to IT specialist for technical help.
  • Ваш браузер или операционная система недостаточно современны для использования в интернет банке Swedbank. Пожалуйста обновите операционную систему и браузер или обратитесь за технической помощью к ИТ специалисту.

Thank you for the visit!

We hope that Internet bank measured up to your expectations. If you have any comments or proposals, please send them to verslas@swedbank.lt

For security reasons, please close the browser window!

Vote to choose 3 programme participants.

Follow their business strengthening journey and find useful tips for yourself.

Vote