Leasing and Asset Finance - Explained

In this episode, we speak with Adad Iraguha, the President of the Uganda Leasing Association (ULA). Adad talks about how Leasing and Asset Finance play a critical role in empowering entrepreneurs and companies by providing access to essential equipment, vehicles, and machinery without the upfront costs of ownership. From small business owners looking to scale operations to large enterprises seeking efficient capital management, these financial solutions unlock growth opportunities, enhance cash flow, and enable companies to invest in their future. In this conversation, Adad shares his deep expertise on how leasing is driving innovation, reducing financial barriers, and fostering economic growth in Uganda and across the globe. Whether you're a startup, SME, or established business, learn how to leverage these tools to achieve your goals and financial success. Don't forget to like, comment, and subscribe for more valuable content. You can reach Adad directly at [phone].

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*Timestamps for your viewing convenience*
00:00 Intro and Bio
03:45 Definition of Leasing
04:38 On the contribution of Leasing to Uganda's GDP
06:54 On how one can use leasing to start a business
12:20 Some success stories
14:40 On why Leasing and Asset Finance are not commonly known in Uganda
19:40 On the challenges in the Leasing Industry
23:48 His message to the public on Leasing
25:54 Leasing and Asset Finance options available for the rural farmer
28:20 On the question of the Interest Rate applied to Leasing or Asset Finance facilities
31:02 On the monetary threshold for setting up a leasing or asset finance facility
33:15 On the Risk of Diversion
35:02 Advocacy and Communication challenges
39:00 On how you can upgrade your equipment to the next model through Leasing
41:20 On consequences of failure to pay the Lease amounts
43:10 Technological advances in the Leasing Industry
44:40 On the Leasing options available for SMEs
46:05 On what recourse banks have given that no Leasing Law exists in Uganda
49:13 On potential collaborations with FinTech companies
50:06 Leasing options available for Ugandans in the Diaspora
51:33 On what inspired him to take on the role of President of the ULA
54:33 His advice to entrepreneurs seeking banking services

[CEOInsights]

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[Ubuntu-BC]

This is a great interview i needed it beginning of Well done CEO

[MainagatumbiGatumbi]

Iam Michael in Kenya and I need your assert finance of a title what can I do to reach you

[graceagwaru]

Very educative and great speaker too....well explained Adad with the right questions from Herbert .
However I missed to know how the association works and who can be a member.

[Arinatua]

As if job interview
Did well on introducing himself
Will copy hence forth