CIT Global Vendor Services S.A.
Products and Services
Operating Lease
The operating lease allows the customer the "use" of the equipment during a pre-determined period, without having the obligation to purchase it, making the process of technological refreshment easier. Under this figure, the customer transfers 100% of the risk of technological obsolescence and all the costs of this process to CIT. At the end of lease, the customer has three different alternatives:
return the equipment and make a technological refresh,
renew the contract with the same equipment for the term of their convenience (payments in most cases reduce depending on the term of the renewal), or
buy the equipment at the fair market value.