Leasing & Finance

Loans

Overview

We provide corporate customers with working capital and capital investment funds.

Business model

(1) Sign a monetary loan agreement between the customer and NTT/TC lease. (2) Execution of loans from NTT/TC leases to customers. (3) Payment of principal and interest from the customer to NTT/TC lease.

Loan conditions

For corporations (business loans)

Interest rate	To be decided after consultations, with an annual interest rate of up to 15.00%.
Delay damages	The maximum annual interest rate is 20.00%. (Outstanding principal) x (Annual compensation rate) x {Number of days from the day after the previous payment date to the payment date ÷ 365 days}
Prepayment penalty	1. For loans with fixed interest rates (Average balance) x (contracted interest rate - the market reinvestment interest rate according to the remaining period as of the prepayment date) x (actual number of days from the prepayment date to the repayment date) ÷ 365 days 2. For loans with variable interest rates If the prepayment date is not the contracted interest payment date: (Prepayment principal) x (contracted interest rate as of the prepayment date) x (actual number of days from the prepayment date to the next interest payment date) ÷ 365 days *However, the penalty amount shall not exceed the annual interest rate of 20.00%.
How interest is calculated	* In advance (However, it may be done later at the request of the business partner.) * Simple interest (However, for the level payment method, compound interest will be applied.) * The declining balance method calculation period is from the loan date to the repayment date.
For matters involving collateral	We accept (revolving) mortgages, collateral securities, transfers of receivables, and other types of collateral required by our company for real estate purposes.
Repayment method Repayment period Number of repayments	Repayment method	Repayment period	Number of repayments
	A. Lump-sum repayment method	1 month to 157 months	Once
	B. Even total payment method	2 months to 420 months	2 to 420 times
	C. Even principal payment method	2 months to 420 months	2 to 420 times
	D. Irregular payment method	Stipulated for each item in a contract.
	Individual consultations will be conducted to set limits within the ranges shown above.
Repayment example	● Loan principal: 10,000,000 yen ● Interest rate: 5.0% per year ● Repayment method: Even principal payment method ● Loan period: 36 months ● Total principal and interest: 10,772,077 yen ● Monthly repayment amount: Principal 278,000 yen + 1 month’s worth of interest

[Designated organization for resolving disputes regarding our contracted loan businesses]

Name: Japan Financial Services Association - Loan Business Consultation and Dispute Resolution Center
Address: 3-19-15 Takanawa, Minato-ku, Tokyo 108-0074
Phone number: 03-5739-3861

Benefits for customers

You can borrow funds from an agency besides a bank for a new way to raise finances.

For first-time customers: Leasing services at NTT TC Leasing

Inquiries regarding loans

Department in charge: Each individual branch
Hours: 9:00 to 17:00
Monday to Friday (excluding holidays and year-end and New Year holidays)

0120-810-110(for all branches)