Home :: Lease Facility :: About Caribbean Leasing Company Ltd.
Who is CLCL?
Caribbean Leasing Company Limited (CLCL) was established in February 2001 as a subsidiary of the Business Development Company Limited (BDC) and it is the first stand alone Leasing Company in the Caribbean.
CLCL's main focus is the provision of Lease Financing for equipment and machinery to assist in the overall development of the Business Sectors of the Caribbean.
CLCL has provided equipment to various industry sectors including but not limited to:
- Manufacturing
- Construction
- Printing & Publishing
- Food and Beverage
- Personal Services
- Mining and Quarrying
Leasing Defined............
A Lease is an arrangement between the Lessor(CLCL) and the Lessee(Client). By agreeing to the terms of a lease, CLCL agrees to purchase equipment on behalf of the Client for the Client's use.
Leasing works for almost any kind of business including limited liability companies, sole proprietorships and partnerships.
What we do
CLCL is involved in four major areas of activity:
- Purchasing of Machinery ⁄ Equipment required by Clients.
- Facilitation of the Leasing process by ensuring that the machinery and equipment are received in good condition.
- Asset Management to ensure that Machinery ⁄ Equipment are maintained impeccably and put to intended use.
- Disposal of the Machinery ⁄ Equipment in accordance with Client's End of Lease Option.
