LOA - Leasing with intention to purchase
Easily transform your space into a warm and inviting place with works of Art. Your hotel, your restaurant, your practice, your rental investments, your waiting room or your meeting rooms.
Art Photo Expo can help you acquire your art collection through a leasing mechanism (LOA).
Because every situation is unique, and legislation is constantly evolving, Art Photo Expo works with established professionals who can answer any questions you may have about legal and tax issues.
Here's what you need to know about this financing option and our partners:
1-The leaser is a subsidiary of Crédit Agricole (10th largest bank in the world)
2-This new provision is put into practice with the aim of promoting contemporary art in companies.
3-In the same way as for the purchase of a vehicle, without any down payment, the lease payments for a period of 13 to 48 months, are taken into account in the expenses and are 100% deductible from the company's profits.
4-Upon signature, the buy-back value at the end of the contract is fixed by the bank at 7% of the initial amount.
5-At the end of the rental contract, the company can withdraw or designate a beneficiary who will exercise the option by paying the 7% of the work's initial value.
Upon signature, the buy-back value at the end of the contract is fixed by the bank at 7% of the initial amount.