Praxia procures the asset you need and leases it to you for an agreed tenure. You use the asset and pay rentals without the burden of ownership.
Moveable CapEx assets such as machinery, equipment and vehicles. We focus on electronics, automotive, chemicals, pharma, metals and renewables, and have also funded construction equipment and real-estate site machinery.
No. Lease structures offer 100% funding, so there is no down payment or margin money.
Operating leases are off-balance sheet financing, so they don't add to your debt leverage or covenants. A dairy customer preserved its debt-to-equity ratio because Ind AS 116 did not apply to its structure. Applicability depends on your accounting position, so please confirm with your auditors.
Operating lease rentals are treated as an operating expense and are tax-deductible, lowering the true post-tax cost compared with a loan.
No. We quote one transparent price with zero hidden fees.
Typically weeks, not months, depending on documentation and the financier's credit process.
Praxia manages procurement end to end, including multi-location delivery, so your operations aren't disrupted.
Yes. Rentals can be monthly or quarterly and shaped to your business cycle.
We have executed deals with IDFC FIRST Bank, Tata Capital, Aditya Birla Capital, Cholamandalam, SBM Bank, Federal Bank, South Indian Bank and InCred, with further partnerships in progress.
Praxia originates, structures and converts the customer, giving you asset-backed mid-market exposure with faster recovery on default. Contact us to get started.