Fleet management manages the company’s car fleet which includes a range of features such as vehicle financing and maintenance.
When closed-end financial leasing is used, the Client is given an invoice for asset purchase price balance on delivery of the lease asset to the Customer.
VAT is added to the principal and deferred for the lease. The client has the possibility to use tax credit for the invoice, by paying the VAT to UniCredit.
Operational leasing is a form of financing whereby an asset is used against payment in monthly lease installments for a fixed leasing term.