Africa's Leasing Leading Partner

Keeping you a step ahead

Vehicle and Equipment Leasing Limited (VAELL) is an independent asset leasing, maintenance, and consulting company. Established in 2006, we have established ourselves as the foremost expert in asset & plant lease acquisition and maintenance, providing services in an array of sectors across the economy.

We have a comprehensive network with fully-fledged subsidiaries in five countries; Kenya (HQs), Uganda, Tanzania, Rwanda, and Zambia. In addition to the five countries, we also have the ability to offer leasing services in over 20 other countries in Africa through off-shore structures.

Our extensive client list bears testimony to our ability to provide organizations of all sizes with invaluable leasing solutions that help them successfully compete and grow. Over the years, we have developed extensive experience across a wide range of industries such as Manufacturing, Mining, Construction & energy, IT and telecommunications, Retail, Health, medical and pharmaceutical, Education, General commercial, Banking, finance and insurance, Government and regulatory bodies, Hospitality, and entertainment.

Our latest solutions have seen us become a leading provider of asset leasing acquisition solutions to governments in the region with a fully-fledged Government leasing Consulting Division. We have recently introduced an alternative payment mode for the rental installments of our leased assets. Our clients now have the option to pay their rental installments in kind at a fair value of their products.

As one of the region's providers of leasing solutions, we have stood as an indispensable partner in enabling our clients to grow their profitability exponentially, while considerably improving their productivity and reliability. We offer them peace of mind by taking over all our client’s asset risks, backed up by experts with cumulative decades of industry experience, best industry practices, innovation, and efficiency.

FAQ

A wet operating lease is a comprehensive fleet management solution at an agreed rental for the use of specifically selected vehicles over a set period of time and distance. In terms of this all-inclusive, hassle-free contract, we source, procure and deliver the vehicles /plant and bear all ownership risk and maintenance costs

The solution is a hybrid leasing solution in which specifically selected assets are used at an agreed rental over a set period of time and distance. In terms of this all-inclusive, hassle-free contract, we source, procure, and deliver the vehicles /plant and bear all the insurance costs of the asset.

The solution is a hybrid leasing solution in which specifically selected vehicles are used at an agreed rental over a set period of time and distance. VAELL takes back the fleet at the end of the contract period, so the client faces no disposal risk. Maintenance and service costs, however, are the client’s responsibility.

Yes.  Want to acquire an asset and you are wondering which route to use; whether to buy in cash, get bank financing or lease?

Wondering about the technical specification of the vehicle, asset, or plant that will fit your needs?

Don’t make that decision alone. Talk to the asset experts at VAELL who will offer you comprehensive consultancy on which vehicle, asset, or plant machinery to acquire as well as which route will make the best business sense.

Our fleet team is dedicated to ensuring you concentrate on your core business. By minimizing the risk associated with vehicle investment to improve your efficiency, productivity, and overall transportation and staff costs of your fleet.Our in-house Preventive Accident Maintenance program that offers cost management, Vehicle Maintenance, Technical control, downtime management, and choosing a garage within our nationwide support network that will ensure your fleet is working at its optimum.

  Vaell’s Preventive Accident Maintenance cover saves you unplanned vehicle downtime and breakdowns. We help you to regain lost business and reducing costs, with a good-sized maintenance group of mechanics, electricians, and fabricators with years of experience you cannot go wrong with our PAM Cover. For more information, please contact us.

A wholesale lease is a back to back tripartite lease arrangement between an independent lessor, local asset supplier/vendor, and asset customer. Through this arrangement, the independent lessor facilitates the supplier to offer “captive equivalent” leasing options directly to its customers without the need for an additional intermediary.

This is a lease we offer that is longer than one, five, or ten years depending on the specific asset being leased. 15-year leases can be arranged with the client enjoying discounts on rental payments.

Vehicle and Equipment leasing offers several important advantages:

Leasing provides 100% financing

Most leases simply require first and last payments paid in advance and a small documentation fee.  No security deposits or up-front money is required.  Enterprise Financial Solutions, Inc. (EFSI) pays your vendor in full including installation, delivery, and taxes unless state law prohibits.

Leasing preserves credit lines

Credit lines with banks and other depository institutions are precious and hard to establish.  Conserve those lines for inventory, A/R, or other uses and emergencies.  EFSI will take care of the financing for your capital equipment so that your lines of credit remain free.

Leasing increases purchasing power

Your needs may be for a $50,000 machine but your available cash/credit only allows for $30,000, hence you settle for a smaller piece of machinery that only meets your needs half-way.  EFSI can increase your purchasing power by allowing you to finance the needed equipment for the job.  That way you get the equipment you need to meet demand and promote growth.

Leasing balances usage and cost

Leasing makes sense when the equipment you use creates a return that exceeds its cost.  In other words, leasing allows you to set a fixed monthly payment for the use of equipment that creates an anticipated return exceeding that payment.  That way you are certain that your operation is profitable and the equipment serves its purpose.

Leasing conserves working capital

Keep your hard-earned cash on hand or invested.  Enterprise Financial Solutions, Inc. enables you to enjoy the working capital your company receives since it covers all costs associated with capital equipment purchases.  This ability to grow and keep your cash ultimately puts you ahead of your competition and ensures long-term profitability.

Leasing is convenient

Unlike dealing with bank loans and other alternative types of financing, leasing is an easy and convenient process.  Typically, all we require is a one-page application for any request up to $50,000.  Any request above that amount will require some financial disclosure.

Leasing is tax-advantaged

When structured properly, a lease agreement may allow you to receive tax benefits.  These benefits and their availability are subject to an array of factors and we suggest you talk with your accountant about these benefits.

Leasing provides flexible payments

Lease payments can be structured to meet your needs.  This adjustment is possible by correcting the residual value of the equipment due at lease end.  By changing your end of lease balloon payment from $10,000 to $25,000 for example, you can lower your monthly payment significantly.

Leasing provides options

Leasing provides a flexible end of lease options. Equipment at the end of the lease term can be returned, extended, or purchased.