Bigbank Launches Zero Down Payment 8-Year Lease for Electric Vehicle Purchase

Bigbank has launched a new zero-down-payment lease offering for business clients, with a term of up to eight years, to finance the purchase of both an electric car and its charger.

According to Aimar Roosalu, head of Bigbank's corporate banking unit, green leasing as a concept is familiar to most people who have shown interest in sustainable solutions, yet many of them have not yet proceeded to purchase an electric car for various reasons. "Bigbank's new product is clearly a trailblazer here, and our eight-year period is our way of supporting sustainable decisions by Estonian companies," explains Roosalu, noting that the higher price tag at the entry point has been a barrier for many, and adds that Bigbank's green lease can also be requested by newly established companies that have been operating for only six months.

Bigbank's new product finances the full purchase price of the car, including the VAT-inclusive purchase price, and in addition to zero down payment and an 8-year payment period, an electric vehicle charger can also be added to the contract. "Proper infrastructure truly makes acquiring an electric vehicle efficient, which is why offering financing for a charger purchase to interested parties is a logical, not to say perfect solution," Aimar Roosalu is convinced.

 Operating for over 30 years, Bigbank demonstrates with its new product its commitment to sustainable development and the development of environmentally friendly solutions, according to Roosalu. "Developing such a flexible green lease product gave us invaluable experience in the field of environmentally friendly financial products. This is a good foundation to move forward from, as they say," adds the head of Bigbank's corporate banking unit, and confirms that supporting green thinking and the development of products that promote environmentally friendly development is now an ongoing process for the bank.