Compare types of credit for business facilities

Which credit type best suits your requirements?

Compare types of credit for business facilities

Which credit type best suits your requirements?

How do I finance my business facilities?

As an entrepreneur, you need business facilities to start up your business or to increase the production or productivity of your business. Business facilities (or 'business equipment') include items such as: office furniture, hardware, software, medical equipment, forklift trucks, cranes, printing presses, etc.

KBC offers you four different solutions to finance your investment in equipment used for business purposes. They are: financial leasing, renting, investment credit and roll-over credit.

Which credit type best suits your requirements? Please find below a detailed comparison of the different options:

 

 

Finance leases

 

Renting

Investment credit

Roll-over credit

Minimum credit amount

5,000 euros, excl. VAT

5,000 euros, excl. VAT

None 250,000 euros (credit line amount)
10,000 euros (principal repayment amount)
Term

Standard 2 to 5 years

Standard 2 to 5 years

Standard 2 to 10 years

Always based on the investment's useful life

Interest rate

Fixed Fixed

Variable or fixed

Margin on EURIBOR, with margin revision before the final maturity date

Interest amount

Interest only on the outstanding capital

Interest only on the outstanding capital

Interest only on the amount drawn down

Interest only on the amount drawn down

Pre-financing of VAT

100% financing

Equity required

Equity required

Drawdowns

Can be drawn down at once.  Payment by instalments to the supplier is possible.

Can be drawn down at once.  Payment by instalments to the supplier is possible.

Can be drawn down in instalments or all at once. Amount and term of drawdowns can be adjusted to the company's liquidity position.
Repayments    Choice of repayment schedule and repayment frequency

Choice of repayment schedule and repayment frequency

 

Choice of repayment schedule and repayment frequency, date of first repayment

 

Flexibility: changes in roll-over frequency without charges

Residual value


≤ 15% of the investment amount
You become the owner once the call option is withdrawn.

≥ 16% of the investment amount
You become the owner once the call option is withdrawn.
Will you become the owner of the business equipment?
You do have the right to use the equipment for business purposes and choose the type of insurance for machinery breakdown, for example.

You do have the right to use the equipment for business purposes and choose the type of insurance for machinery breakdown, for example.
Security

 

The object

 

 

The object

 

Depends on the credit amount and risk involved Depends on the credit amount and risk involved

Proof of investment upon drawdown


Administrative work by KBC

Administrative work by KBC

You can draw down credit online via KBC Touch and/or KBC-Online for Business.

Accounting treatment

On the balance sheet
Capitalisation and depreciation
On the income statement
Booked as expense
On the balance sheet
Capitalisation and depreciation
On the balance sheet
Capitalisation and depreciation

Additional info

Not applicable Not applicable You have the option to combine the loan with government support.
The ‘Remission of Debt’ option offers financial protection for your family.

You can switch to a KBC Investment Credit free of charge on roll-over dates.

  Make an appointment Make an appointment Make an appointment Make an appointment
  More info More info More info More info

Was this page useful to you? Yes No

Related products

Financial Leasing/Renting without Services

Financial Leasing/Renting without Services

At KBC, you can lease or rent a company car. We provide the finance without any additional commitments.
Comparing credit for company cars

Comparing credit for company cars

Looking to finance company cars? Find out the difference between renting, leasing and investment credit.
Agroflex Credit

Agroflex Credit

The agroflex credit facility is ideal for financing the purchase of farming or horticultural equipment or property. It's tailored to the needs of your business.
Business Budget Facility

Business Budget Facility

The KBC Business Budget Facility gives you an extra financial buffer on your business current account.