On February 21, 2020, the Association “Ukrainian Uniaon of Lessors” in partnership with the Lviv Chamber of Commerce and Industry held an educational event on the topic: “How to get leasing financing to small and medium-sized businesses in Lviv region”. The event was part of a grant awarded by the USAID Financial Sector Transformation Project.
It was attended by more than 50 representatives of the Lviv region’s business, officials of the Lviv regional state administration, as well as heads of leading leasing companies in Ukraine.
The meeting discussed a wide range of issues related to leasing of various machinery and equipment, benefits of leasing, its advantage over credit and more. Representatives of the Lviv Regional State Administration told participants of the event about the program of compensation of leasing payments for farmers. At the moment, UAH 5 million has been allocated for the program. and it has already been used by many leasing recipient farmers in the past and current year.
Extremely interesting was the participation in the event by Anna Temchyshyn, head of Agrothem farm, who spoke about her experience in leasing business development. Ms Anna urged all those in attendance to make extensive use of leasing services, demonstrating that they were indeed profitable. FG Agrotem not only purchased unused collateral (which would be impossible in the case of a loan), but also received a tax credit for the entire lease term.
On behalf of the organizer, the Ukrainian Union of Lessors was addressed by Marina Masich, who in particular informed the audience that the Ukrainian leasing market is constantly growing. The prerequisite for this is the stability of economic development in the country and the growing demand for leasing services to modernize production. In addition, the participants of the organized market are making considerable efforts to create new leasing products and flexible pricing, in order to increase the accessibility of this financial service for small and medium-sized businesses in Ukraine.
The leasing market and the Association were practitioners – leading experts in the field of financing, representatives of companies Tecom Leasing, ULF-Finance, BEST Leasing, Alfa-Leasing, IC Ingo.
On behalf of the bank leasing, a representative of Ukrgasbank spoke about the bank’s leasing services for municipalities and ATGs. And also – I will buy interactive boards for Lviv schools. Such boards are currently in every Lviv school and are a clear example of the leasing of new technologies.
At the end of the seminar, its participants had the opportunity to communicate informally with officials and representatives of leading leasing companies of Ukraine at the buffet table.
And at the mini-fair, the lessors offered their new products and technologies to the entrepreneurs.