Comparing credit for company cars

Find out which credit type best suits your needs

Comparing credit for company cars

Find out which credit type best suits your needs

How do I finance my company car(s)?

Most entrepreneurs cannot imagine professional life without a company car anymore. After all, it's important for someone who runs a business to be mobile. Regardless of whether you're looking to buy, lease or rent a company car, KBC can offer a bespoke solution to finance your vehicle (fleet). Each package has its own benefits.

To find out which credit type is best suited to your needs, we've provided a detailed comparison of four different options:

  Full service car leasing

Finance lease

Renting

 

Investment credit

 

Minimum credit amount None

5,000 EUR excl. VAT

5,000 EUR excl. VAT

None

Term

 

1 to 8 years

 

 

2 to 5 years

 

 

2 to 5 years

 

2 to 5 years

 

Interest rate

 

Fixed Fixed Fixed

 

Variable or fixed

 

Pre-financing of VAT


Drawdowns

Not applicable

Can be drawn down in one lump sum. Payment by instalments to the supplier is possible

Can be drawn down in one lump sum. Payment by instalments to the supplier is possible

Can be drawn down in instalments or in one lump sum

 

Repayments 

 

Monthly lease invoice

 

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
Residual value ≥ 16% of the investment amount ≤ 15% of the investment amount ≥ 16% of the investment amount
Purchase option


Proof of investment upon drawdown
Administrative work Carried out by KBC Autolease Carried out by KBC Lease Carried out by KBC Lease Credit can be drawn down online via KBC Touch and/or KBC-Online for Business

Accounting treatment

On the income statement

Booked as expense

On the balance sheet

Capitalisation and depreciation

On the income statement

Booked as expense

On the balance sheet

Capitalisation and depreciation

  More info More info More info More info

Was this page useful to you? Yes No

Related products

Purchase real estate or equipment with the KBC Investment Credit

Purchase real estate or equipment with the KBC Investment Credit

With the KBC Investment Credit, you can borrow money for large purchases such as buildings, machinery or facilities, as a self-employed person.
Compare types of credit for business facilities

Compare types of credit for business facilities

KBC can finance the equipment for your business in four ways. Find out which credit suits your plans.
How to sign your tax pre-payment plan in KBC Touch

How to sign your tax pre-payment plan in KBC Touch

It's really easy to sign your tax pre-payment plan online in the KBC Touch. We explain how it's done in just a few simple steps.
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.