As of April 1, Azerbaijan-based Technika Leasing posted its assets at AZN 6.807 million, up 3.2 times on a year ago.
The company said total equity increased by 2.5 times year-on-year to AZN 5.416 million and chartered capital stood at AZN 200 thousands.
The cost of leased machines and vehicles increased by 85% to AZN 3.815 million and the number of leasing contracts increased by 66.7% to 50.
For minimum amound of AZN 20 000 the company leases out machines and vehicles for 6-24 months at annual interest rate of 18-19% with a down payment of 20-25%.
Technika Leasing has been in operation since 2006.