Ryce

Leasing

NRB:

+ 254(0)724-256-665

MSA:

+ 254(0)732-777-266

Logistics solutions through leasing

Ryce leasing as a division of Ryce East Africa started in 2006 after identifying the benefits that current customers could get by leasing Vehicles instead of buying.

We have partnered with large corporates, FMCG’s, financial institutions & international schools resulting to a fleet of over 300 vehicles from Ryce Leasing.

Ryce Leasing Service Network is available countrywide in Nairobi, Mombasa, Kitui, Machakos, Nakuru, Eldoret, Kisumu, Kisii, Nyeri, Meru, Malindi, Kericho and Kakamega.

How Leasing Works

The lessee selects the type and model of the assets it wishes to lease and the lessor gives quotation for lease, based on requirements, for approval by the lessee.

The lessor and lessee then agree to abide by a master lease and service agreements.

The lessor purchases the assets on behalf of the lessee and arranges for registration, motor insurance and other statutory requirements.

The lessor arranges for the branding, type of body etc for the asset if so required by the lessee and at a mutually agreed costs.

The lessor then hands the asset over to the lessee for its use, and the lease period begins immediately thereafter.

WHY LEASE

Benefits of Leasing

Concentration of Capital

In a company where the core business does not involve vehicles, it is better to lease and let your capital be utilized to grow and expand your business

Fleet Management and Maintenance

Ryce Leasing insures and maintains the vehicle as per the lease agreement, The customer fuels and only pays for costs occasioned by negligence. Operational issues like fleet management and maintenance are handled for you.

Tax Benefit

Leasing monthly rentals can be expensed on the balance sheet hence your company derives a corporate tax benefit.

Planning

With the lease agreement clearly laid out, transport costs can be forecast and budgeted for.

Disposal

After the lease period, the vehicles simply go back to the lessor as per the agreement, removing the burden of having to dispose of the vehicles.

Corporate Image

With leasing, you have the option of driving the newest and latest models, which is a boost to your corporate image.

WHAT WE LEASE

Our Product Portfolio

Our vehicle portfolio is extensive, depending on the customers specifications we can provide the following:

SUVs
Buses
Pickups
Saloon Cars
Trucks

INDUSTRIES WE’VE WORKED IN

Our Clients

Financial Institutions

FMCG

Schools

Parastatals

Corporates

Get in Touch

Please contact us for more information.