Leasing loan – an alternative to credit or leasing

Leasing loans are granted by leasing companies, not banks. You can find them in the offer of the largest lessors, such as DER, Getin Leasing or LTY Leasing.

Last year, leasing companies granted loans worth PLN 7.4 billion – over 14% more than a year ago. The most frequently financed in this way are machines and other devices, including IT equipment (over 70 percent of the market) and vehicles (16.1 percent of the market is heavy transport, while nearly 9 percent are passenger, delivery and heavy vehicles up to 3, 5 t).

How is a leasing loan different from leasing and a bank loan? What are its main disadvantages and what are the advantages of this product?

Leasing loan and leasing – differences

After all, a leasing loan is closer to credit than to leasing. However, it has several important features with leasing.

  1. The loan is granted by leasing companies that use procedures similar to those for the evaluation of leasing applications. Thanks to this, the process of applying for a leasing loan is usually less complicated and takes less time than when applying for a bank loan. Leasing companies are also often less restrictive than banks when assessing creditworthiness.
  2. A leasing loan, just like leasing, can be used only to finance fixed assets. Therefore, we will not finance current expenses or investments such as building renovation. In such situations, a bank loan remains.

The duration of the lease loan agreement may be different than for leasing. In the case of the most popular type of leasing in our country, i.e. operational leasing, the minimum duration of the contract is 40 percent. normative amortization period, that is usually 2-3 years (it results from the regulations).

In the case of a leasing loan, there are no restrictions except those set by the lessors themselves. On the other hand, they most often declare that they can grant loans for the period from 6 months to 6-7 years.

Leasing loan and credit – similarities

From a financial and tax point of view, a leasing loan is treated as a loan, not as a leasing. This means that the subject financed by the leasing loan becomes the property of the borrower, not the leasing company. As a result, it is the borrower who depreciates the item (the write-off can be made once, it can also be spread over several dozen monthly installments), and also deducts VAT (once).

Another similarity to the loan is visible in the way of including monthly installments in the costs. In the case of a leasing loan, you can only include the installment interest rate as the tax cost.

VAT is not added to the leasing loan installment, while the leasing installment is increased by 23%. VAT. This means that the value of monthly receivables with a loan or credit will be lower. Unfortunately – a leasing loan, like a bank loan, reduces a company’s creditworthiness, while leasing has no effect on it.

Leasing loan – for whom?

Any company can apply for a leasing loan. Undoubtedly, however, in some situations this financing option may be particularly beneficial, in others it is worth considering operating leasing.


The leasing loan should be particularly interested in:

  • companies applying for EU subsidies,
  • farmers (including those not conducting economic activity),
  • companies that are not VAT payers,
  • companies that are seeking financing for a fixed asset taxed at 8% VAT (e.g. medical equipment).

In such cases, a leasing loan will be definitely a better option. In these situations, you can also think about a bank loan. The prices are often similar offers – the more it is worth comparing them to choose the best one. It may also happen that a company whose bank has refused financing will find it in one of the leasing companies, which usually assess their potential borrowers more gently.