Corporate leasing – does leasing suit your company?

Leasing refers to long-term rental of movable fixed assets, such as a vehicle or office furniture. Corporate leasing is the right fit for your company if you are planning to acquire assets or machinery that will lose their value quickly and your company does not want to tie up assets in owning them.

Your benefits

Leasing means long-term rental of movable fixed assets, such as ICT and office equipment, furniture, plant and equipment as well as vehicles.

  • The financed asset serves as security
  • No capital tied to owning - your company only pays for the use of equipment
  • Enables up-to-date equipment portfolio management
  • Easier to budget and plan financing
  • Off-balance liability (NB. Groups applying IFRS follow the IFRS principles regarding corporate leasing.)


With leasing you do not need to reserve your company's assets for collateral because the financed object will serve as the primary security. After the lease period, you will have the option to extend the agreement at a low cost. With ICT equipment you will also have a purchase option.

  • The financed amount is the purchase price excluding tax.
  • The monthly lease depends on a larger first installment, if any, and the residual values that vary by equipment group.
  • The maximum lease period is 5 years.
  • The leases are debited on the annuity principle in advance at the interval of one month or three months.
  • The lease object must be delivered acceptably to the seller before payment.
  • The object must be insured; insurance can also be taken out through Nordea Finance.

Which one suits your company better: service or financial leasing?

The fundamental differences between service and financial leasing concern the residual value and service liability of the leased vehicle or equipment. In financial leasing, both are on the company’s liability, whereas in service leasing the agreement covers both servicing and the residual value within the framework of the agreement terms and conditions. 

See the leasing products below and find the one that is most suited to your company. 

Service leasing

Service leasing means long-term rental of vehicles and heavy-duty machinery in which your company only pays for the use of a vehicle. In a service leasing arrangement, servicing is included in the lease on the vehicle, contrary to what is the case with financial leasing. 

In service leasing, the parties agree on the lease period as well as the mileage; for example, 36 months/60,000 km. Service leasing is suitable for a wide range of vehicles, from passenger cars and vans to a large fleet of cars. The vehicles must be new. 

Your benefits
  • Easy and comprehensive solution for car finance
  • Your capital will not be tied up in cars; instead, your company will only pay for their use
  • No risk of value depreciation.

NF Techfleet is a lifecycle management and lease finance solution for ICT and medical equipment. The purchase price of any equipment is only a part of their total lifecycle costs. Effective management enables you to cut hidden costs in your daily operations and thereby reduce the total costs.

Your benefits
  • Systematic acquisition process in which you can include lease financing of the asset
  • Browser-based equipment portfolio management system with which you can monitor and maintain your portfolio as well as manage any asset surrenders
  • This finance solution adapts to your company’s needs, as you can extend the lease, purchase the equipment or return it on expiry of the lease period
  • The financier tends to the recycling and after-sales marketing as part of the overall service

NF Techfleet is a corporate leasing solution specifically developed for Nordea’s customers. NF Techfleet is part of the international Equigroup. It provides Nordea’s customers with access to a wide range of specialised expertise in the lifecycle management of tech equipment.


AssetMaster is a leasing limit within which you can purchase and finance movable fixed assets. The terms and conditions of the leasing limit are laid down in a framework agreement, which means that there is no need for any individual lease agreements. In practice, the vendor sends the invoice on your purchase directly to Nordea Finance Finland and you will accept it for financing in their online service. The lease payments enable you to use the limit for any new purchases. 

Your benefits
  • Simple and flexible finance solution for acquiring any movable fixed assets
    • You can make purchases from any vendor of your choice.
    • The framework agreement sets out the financing limits within which you can choose the equipment. The agreement also provides for the lease periods, the types of assets to be leased and the post-agreement obligations.
  • Pricing is transparent, as the interest rate and fees are itemised in the framework agreement
  • Easy-to-use online service in which 
    • you can accept any new acquisitions,
    • you receive reports on your equipment portfolio, and
    • you can add and maintain a number of various reference details by leased asset.

  • Improves your company’s liquidity, as equipment costs can be spread over the equipment’s life cycle.
  • Less red tape
    • No need for individual lease agreements, as the terms and conditions of the financing are laid down in the framework agreement. 
    • The use of an aggregate invoice allows quarterly invoice processing of the entire equipment portfolio.
    • Real-time equipment register in the online service.