Transfer of contract

The transfer of a leasing contract is a means of refinancing a lease contract previously signed between the Partner and the User. It presupposes that the partner has its own contract.

Under this option, Societe Generale Equipment Finance covers the contract during the lease period, takes on the risk of the lessee’s default, and then resells the asset to the Partner at the end of this period.

This option enables the Partner to sell the leased asset to Societe Generale Equipment Finance, to secure its operation, to repurchase the asset at the end of the lease, and to retain control of its fleet.