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“Pay-as-you-earn” principle creates positive liquidity effects
Because the financing of the object of capital expenditure is
carried out by the lessor, you as a customer do not have to accept a withdrawal of liquidity or an extension of external financing at the time of the capital expenditure.
Instead, the capital costs are distributed evenly over the entire leasing period so that the monthly leasing install-
ments are paid parallel to the use of the leasing object. According to the “pay-as-you-earn“ principle, these in-
stallments can be paid from the income that you earn with your VOLK vehicle. This conserves your equity
capital and your credit lines.
Positive balance sheet effects because investment is not reflected in the balance sheet
Because the lessor is the legal owner of the leasing object, and the object is capitalized on the
lessor’s balance sheet, leasing has no effect on your balance sheet totals. Despite the additional capital outlay, the equity to total capital employed ratio and the equity to tangible assets ratio on your balance sheet remain
unchanged, which
will certainly have a positive effect on your rating against the background of Basel II.
Fixed cost accounting bases ensure planning reliability
Because the leasing installment amounts and the term
of the leasing contract are stipulated jointly and are therefore fixed from the start, you have a planning basis that is reliable in the long term and that facilitates your cost accounting.
Vehicles optimally tailored to your application conditions
Since as a lessee you define the specifications for the investment object according to your individual needs, we are able to cater to special requirements optimally. No
matter whether you require an additional crane on the loading area of your VOLK platform truck or a special tow tractor with towed load of 200.000 kg – the vehicle is manufactured exactly according to your individual
specifications. As opposed to VOLK long-term rental, you are not limited to a given pool of rental vehicles.
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