BT Leasing (BTL) is supporting entrepreneurs by taking part in the government programme SME Leasing for Equipment and Machinery. State guarantees, partially subsidised interest and the option to purchase second-hand assets are the programme’s main advantages. Interested entrepreneurs can apply directly on the BTL website.    

The initiative is an opportunity for small and medium-sized enterprises active in manufacturing, trade and services to invest in capabilities that can help increase sales and improve cost efficiency by accelerating digitalisation and automating operations.

“We welcome the state’s initiative to launch this programme to guarantee investments through finance leases. Every company should have a plan to periodically renew their vehicles and production equipment with ever newer technology, and BT Leasing aims to facilitate access to such technology for as many Romanian SMEs as possible, thereby increasing efficiency and productivity.” - says Ionut Morar, General Manager, BT Leasing.

Programme details:

• Up to 80% of the financing value is guaranteed for purchases of IT equipment and information technology, or up to 60% for the purchase of machinery and technological equipment, and vehicles used commercially for transporting goods and passengers.
• The maximum cumulative amount of guaranteed financing that can be granted to a beneficiary is 5 million lei.
• The maximum lease term is 72 months.
• The down payment is up to 20% of the purchase price of the financed asset.
• The state subsidises: half of the interest, the risk fee and the administration fee.

Banca Transilvania will transfer to BT Leasing its best practices and experience from the initiatives it is currently part of, IMM Invest and the grants programme.

BT Leasing: over 15,000 clients and 30,000 contracts

BT Leasing has been active in the leasing market for over 20 years, during which it has financed over 15,000 clients and concluded over 30,000 contracts. In 2019, BT Leasing’s bonds were admitted to trading, making it the second company in the Banca Transilvania Financial Group to use the Bucharest Stock Exchange’s financing mechanisms.