1. full amortization - everything must be paid off
With classic finance leasing, the lessee is obliged to pay off the full value of the device including all leasing costs - regardless of whether or not they actually take it over later. In addition, there are often hidden additional costs in the small print.

2. Long terms and subscription traps
Leasing contracts usually have a fixed term of at least 36 months. If the contract is not terminated in due time - usually at least three months before expiry - it is automatically extended for further months, quarters or even years.

3. Pre-lease - extra months before the contract starts
If the device is delivered before the official start of the contract, the lessor charges a so-called pre-lease fee. Example: If the contract starts for the next quarter on July 1 and the previous delivery is on April 3, up to three additional monthly installments are incurred - these are charged in addition to the regular term. This quickly turns 36 months into 39 months.

4. Unclear residual value
At the end of the term, a residual value is due, the exact amount of which is not specified when the contract is concluded. In practice, it is often around 10% of the appliance value - but can also be significantly higher. It is therefore impossible to make a precise calculation.

5. Insurance obligation at own expense
The lessee must prove to the leasing company that the device is insured. If this proof is not provided, the leasing company may take out insurance independently - at the customer's expense with commission for the leasing company.

6. Processing fees - often hidden costs
Many leasing providers charge a flat-rate processing fee. Although this is often "removed during the conversation", it often only serves to visually present a discount.

Why Flexing with Flexvelop is the better choice:
‍
✅ No hidden additional costs
All costs are transparent - insurance is already included in the Flex rental.

✅ Clearly calculable residual purchase price
The final cost of the device is transparent from the outset - with no surprises.

✅ Maximum flexibility without subscription traps
After the minimum rental period, the device can be returned or purchased at any time at the end of the current month - without excessive extensions.

The remaining purchase price is calculated based on the original price of the device, minus an automatic discount based on the rental payments already made.

The following credit models apply to our core solutions:

• FLEX-Rent: 70% of the rental payments made are credited toward the purchase price.
• FLEX-Finance: 80% of the rental payments made are credited.
• FLEX-Lease: 50% of the rental payments made are credited.

The rental rates are 100% tax-deductible as operating expenses. Compared to traditional leasing or a bank loan, this has a positive effect on your cash flow – because you do not have to balance or depreciate the leased property.

There are no hidden costs or surcharges – our pricing is consistently fair and transparent. The longer you rent, the lower the residual purchase price automatically becomes. Unlike traditional leasing models or other providers, with us you know the exact residual purchase price from the outset – for maximum planning security and full flexibility at the end of the term.

• FLEX-Rent: No return fees.
• FLEX-Finance: No return fees.
• FLEX-Lease: An ECO-Invest flat rate of 15% of the original purchase price will be charged to ensure sustainable recycling of the device.

Provided that the device is returned in proper working order, there will be no additional costs. Normal signs of wear and tear are of course not a problem.

You can purchase your flexed device at any time. The remaining purchase price decreases with each monthly installment and is clearly displayed in your dashboard. Depending on your chosen FLEX solution, you can return the device at any time from the specified month onwards.

As long as you do not choose one of these options, the rental agreement is automatically extended month by month. This allows you to remain flexible at all times and focus on your business without any long-term commitments.

No, there are no additional fees with Flexvelop. Our model is completely transparent - with no hidden costs or nasty surprises.