What is the competitive advantage of a leasing company in the auto-leasing market?

Auto leasing differs from other lease deals in that it forms a more liquid contract portfolio. The portfolio is uniform with respect to contract period, vehicle cost, contract terms, security, secondary market and client profile. This means that decision-making and bank financing on a deal can be accelerated. So if all due paperwork has been completed, it usually takes 48 hours to reach a final decision. A lot of companies advertise shorter time periods, but in а majority of cases these promises turn out to be broken. Credit lines in banks financing the company are aimed at providing leases. Hence we do not present every deal for the credit committee’s approval. This reduces the deal consideration time and deal-making costs significantly.