1. The client selects the asset he/she requires, negotiates conditions of sale with the seller, and obtains a commercial offer from the seller.
2. The client completes a DNB Lizingas application form and submits it with the rest of the required documents to an employee of DNB Bank.
3. After examining the project and documents submitted by the client, the employee of the leasing company issues an offer for leasing and, if the parties reach mutual agreement, prepares a leasing contract.
4. Upon signing the leasing contract, the client is required to pay a contract administration fee and a down payment. In case of leasing combined with insurance the client pays first insurance payment.
5. The client takes out insurance coverage for the asset with an insurance company acceptable to DNB Bank.
6. The leasing company gives the lessee access to the asset.
7. The client paying monthly payments according payment schedule.
8. Upon expiration of the leasing contract, ownership of the asset goes to the client.
