Leasing of real estate

Project description

The borrower, OOO (Leasing company) hereinafter — Leasing company objective: to obtain investment in the amount of 10 000 000 (Ten million) rubles, in tranches upon request, the provision of: residential real estate (apartments).

Purpose of business: Leasing company invests its cash and buys Lessees (individuals) property (apartment) up to 50 percent of the market value of the apartment, under 40 per cent per annum, the main clients of Leasing companies are individuals who own the apartment, including a single housing, which subsequently they transfer the property to the Lessor with option to purchase at the above percentages.

Options profit of the Leasing company:

1) Based on the interest rate of 40 (Forty) percent per annum (if taken from the calculation of the amount of 10 million rubles monthly income the company will make 333 344 (three Hundred and thirty-three thousand three hundred forty-four) rubles, excluding monthly costs), but this is a main profit, as in 99 percent cases the Lessees are not able to purchase back their property, on the basis of this main profit of the company will be formed from 2 points.

2) In the case of seizure of property by a Leasing company from the Lessee in connection with the nonpayment of lease payments, the rating of the apartments is up to 50 percent of the market value, the profit will be about 40-50 percent of the property value. Example: flat market value 3 000 000 (Three million) rubles was estimated by the Leasing company to 1 200 000 (One million two hundred thousand) rubles, the Lessee has not paid a single payment in 2 (Two) months of delay, the Leasing company puts on sale with a discount of 10 to 15 percent of the market value for a quick sale, therefore the profit of the Leasing company will be 1 400 000 (One million four hundred thousand) rubles, excluding monthly expenses. In this embodiment, we see that the profit of the company on the basis of 10 million rubles may be increased in 2 - 2,5 times, that is 10 million rubles including charges.

One of the variants of cooperation with the investor:

The lease agreement provides that the Lessor of the invested funds may be provided to the Lessor by the sponsoring organization (the "lender"), in accordance with the loan agreement (investment agreement). Based on the foregoing, the Leasing company from the leasing agreement provides for the participation of the Lender of investor.

So, if necessary, cash, Leasing company addresses a letter to the lender asking you to list on the settlement account of the Lessor a sum of money (depending on the assessment value of the apartment) is required to issue to the Lessee on the acquisition of immovable property, which later passed under the collateral lender (if necessary), if the Lessee within Two (2) months, fails to pay the lease payments, the Leasing company sets the above property is for sale, with the profits derived from the sale of property, will be divided between the investor and Lessor in the proportion of 50 to 50 (5 million).

Conclusion:

We have begun work in this area 5 months ago own funds in the presence of was 7 million rubles, to date, we have 5 (Five) real property with a total cost of 15 500 000 (Fifteen million five hundred thousand) rubles, some of them in a month for sale, own funds have ended, and customers very much, in the Bank we have approved an overdraft of 10 million rubles, but we declined as interest and principal debt must be repaid monthly, but the influx of money monthly is not because all the Lessees have not made any payment thereof (other things as we had expected) on this basis the cooperation with the Bank we have changed and we decided on finding an investor.

To date we have: office, required staff, full package ready documentation, Five (5) real estate and client base.