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Leasing & LLD

Professional equipment leasing

Equipment leasing allows companies to finance machines, tooling, IT, office furniture without freezing cash. Leasing company buys equipment and rents it to company with final purchase option.

Key characteristics

Duration

36-84 mois

Average rate

5%

For whom

Professionals

How it works

Company chooses equipment at supplier, leasing company (Maghrebail, BMCI Leasing, Wafa Leasing) buys it and rents for 36-84 months. Monthly/quarterly rents including interest and amortization. Purchase option 1-5% of initial price.

Comparison vs classic credit

Main advantage: no down payment, 100% financing. Unlike bank equipment credit requiring 20-30% down payment. More tax advantageous as rents 100% deductible vs progressive amortization over 5-10 years.

2026 taxation

Rents 100% deductible from taxable result. VAT recoverable on rents. At maturity, if buyback: asset enters fixed assets at residual value (very low). Significant tax optimization.

Numeric example

Print shop buys HP digital press 800,000 MAD. Leasing 60 months, rent 15,600 MAD/month excl. tax. Residual value 8,000 MAD (1%). Total cost: 15,600 × 60 + 8,000 = 944,000 MAD. 100% deductible vs 750,000 MAD credit partially deductible.

Advantages

  • 100% financing, no cash immobilization
  • 100% deductible rents, recoverable VAT
  • Maintenance included in some contracts
  • Facilitated renewal at maturity

Disadvantages

  • Equipment not property before option exercise
  • Rate generally higher than classic credit (5 vs 4%)
  • Penalties for early termination
  • Commercial file more complex than standard credit

Recommended providers

Maghrebail

BMCI Leasing

Wafa Leasing

Salafin

When to choose this product?

Ideal for SMEs wanting to invest without burdening cash, especially for high-obsolescence equipment (IT, presses, machine tools). Less relevant for durable equipment > 10 years.

Official partnerWafasalaf

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Also available

ArvalALDMaghrebail

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