Leasing is a financial rental agreement that results in ownership transferring to you. You choose the equipment, the leasing company purchases it, and ownership passes to you once all payments under the agreement are made.
Only a minimal set of documents required from the client. No complex bank procedures or lengthy approvals.
Decision on your application and contract signing — from 1 day. Equipment gets to work without a long wait.
Your money keeps working in your business and generates income exceeding the leasing costs.
No additional collateral is usually required — the equipment itself serves as security for the deal.
From application to equipment on site — five steps.
Fill out the form on this page, choose equipment in our catalog, or call us
After consulting with a Wayland manager, provide the necessary documents for approval
IDeA Leasing signs a leasing agreement with you and a supply agreement with Wayland Armenia; the equipment is insured and delivered
The equipment works on your site while you make payments on the agreed schedule
After the agreement ends and the final payment is made, ownership transfers to you
The Development and Investments Corporation of Armenia (DICA) runs a Targeted Productivity Enhancement Program under which the government subsidizes the interest rate on equipment leasing.
The government covers up to 8 percentage points of the leasing rate in Armenian drams
For leasing in foreign currency, the subsidy covers up to 6 percentage points
The government subsidy applies for up to 42 months from the signing of the leasing agreement
The subsidized portion of the lease can be up to 1 billion AMD (or foreign currency equivalent at the signing date exchange rate)
The program is available to commercial organizations and individual entrepreneurs registered in Armenia, operating in mining, manufacturing, construction, transportation and warehousing, and several other sectors. Equipment must be new (unused) and classified under commodity groups 84–94 per the EEC nomenclature. Repayment term — up to 10 years; early repayment — without penalties or fines. Details at DICA.
Wayland Armenia selects the equipment and manages the deal, while leasing finance is provided by our partner, IDeA Leasing — one of the leasing companies in Armenia specializing in construction and mining equipment.
Any equipment from our catalog can be arranged through leasing via our partner.
Epiroc
Hitachi
Normet
Genie
Atlas Copco
Ingersoll Rand
Leave a request — our engineer will help you choose equipment and calculate leasing terms
We'll forward your request to our leasing partner. We respond within 1 business day.
Our engineer will contact you within 1 business day.
+374 10 530 669