CourseOff-Road, Special Vehicles & Machinery Applications open

Course in Leasing Contracts for Heavy Machinery

Online 300-hour course on leasing contracts for heavy machinery. 6 modules covering IFRS 16 (Leases), the Spanish General Accounting Plan (RD 1514/2007), NRV 8.ª Leases and advanced Excel (financial models). Assigned tutor and open enrolment.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Distinguish finance leasing from operating leasing, renting and instalment purchase.

02

Analyse the essential clauses of a heavy machinery leasing contract.

03

Identify the risks and responsibilities of the lessee and the lessor throughout the contract.

04

Calculate the effective cost, present value and amortisation schedule of a leasing transaction.

05

Apply the accounting and tax treatment of finance leases in accordance with current regulations.

06

Negotiate purchase option, residual value and maintenance conditions.

07

Design a financing strategy for a machinery portfolio.

Profile

Who it's for

  • Machinery procurement manager who wants to specialise in leasing contracts for heavy machinery.
  • Heavy machinery fleet manager who wants to specialise in leasing contracts for heavy machinery.
  • Financial analyst of industrial assets who wants to specialise in leasing contracts for heavy machinery.
  • Equipment financing adviser who wants to specialise in leasing contracts for heavy machinery.
  • Controller at a construction company who wants to specialise in leasing contracts for heavy machinery.
  • Sales representative at a leasing company who wants to specialise in leasing contracts for heavy machinery.
  • Engineering or science graduates seeking to enter construction and civil works.
Standards & tools

What you'll work with

  • IFRS 16 (Leases)
  • Spanish General Accounting Plan (RD 1514/2007), NRV 8.ª Leases
  • Law 27/2014 on Corporate Income Tax, art. 106 (finance leases)
  • Law 28/1998 on Instalment Sales of Movable Property
  • Law 37/1992 on Value Added Tax
  • Regulation (EU) 2023/1230 on machinery
  • ISO 55001 (asset management)
Syllabus

6 modules · 300 h

  1. 1.1What finance leasing is and what defines it
  2. 1.2Differences from renting, hire and instalment purchase
  3. 1.3Parties: lessor, lessee and supplier
  4. 1.4Purchase option and residual value
  5. 1.5Finance and operating leasing
  6. 1.6Lease-back on owned machinery
  7. 1.7When each formula is suitable
  8. 1.8The role of the manufacturer and its finance company
  9. 1.9The capital equipment financing market
  10. 1.10Workshop: comparing financing alternatives
  1. 2.1Purpose, term and irrevocability
  2. 2.2Instalments: structure, grace period and frequency
  3. 2.3Fixed and variable interest rates
  4. 2.4Residual value and exercise of the option
  5. 2.5Delivery and acceptance of the asset
  6. 2.6Obligations for maintenance and use
  7. 2.7Prohibition of assignment and subleasing
  8. 2.8Compulsory insurance of the asset and beneficiary
  9. 2.9Additional guarantees and sureties
  10. 2.10Practice: reviewing a leasing contract
  1. 3.1Risk of loss of the asset and its allocation
  2. 3.2Damage, theft and destruction: effect on the payment obligation
  3. 3.3Breakdown and defects of the asset: claims against the supplier
  4. 3.4Civil liability for machine use
  5. 3.5Payment default: acceleration of the debt
  6. 3.6Recovery of the asset and liquidation
  7. 3.7Insolvency of the lessee
  8. 3.8Modifications and improvements to the asset
  9. 3.9Subrogation and change of lessee
  10. 3.10Practice: contract risk matrix
  1. 4.1Effective financial cost of the transaction
  2. 4.2Comparing offers and consistent criteria
  3. 4.3Effect on the balance sheet and ratios
  4. 4.4Accounting treatment of leasing
  5. 4.5Tax implications and depreciation
  6. 4.6Cash flow of the transaction
  7. 4.7Net present value of alternatives
  8. 4.8Total cost of ownership of the financed machine
  9. 4.9Sensitivity to interest rates and residual value
  10. 4.10Practice: financial comparison of two offers
  1. 5.1Preparing the financing file
  2. 5.2Information required by the financier
  3. 5.3Negotiating instalments, term and residual value
  4. 5.4Clauses to watch in the fine print
  5. 5.5Managing financed machinery on site
  6. 5.6Document control and certificates
  7. 5.7Refinancing and renegotiation
  8. 5.8Closing the contract: purchase option, return or renewal
  9. 5.9Sale of the asset at the end of the contract
  10. 5.10Practice: simulated leasing negotiation
  1. 6.1Financing policy for a machinery company
  2. 6.2Mix of purchase, leasing and renting
  3. 6.3Planning fleet renewal
  4. 6.4Effect of financing on contracting capacity
  5. 6.5Relationships with financial institutions
  6. 6.6Risk of over-indebtedness
  7. 6.7Indicators of financial burden
  8. 6.8Documentation and control of the contract portfolio
  9. 6.9Common mistakes in machinery financing
  10. 6.10Final project: financing plan for a fleet renewal
Methodology, software & labs

How you'll learn

100 % online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine the course with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is advanced Excel (financial models), SAP S/4HANA (fixed asset management), Power BI, Python (pandas), in free, academic or evaluation versions. Case work covers real procedures comparing leasing with purchase and renting, analysis of real finance lease contracts and simulation of amortisation schedules. Assessment is continuous by module, plus the final integrative project.

Accreditable laboratories(EN ISO/IEC 17025) with rotor rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-driven final project:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:teaching staff with a track record in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, with cyber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Financing policy for a machinery company

Distinguish finance leasing from operating leasing, renting and instalment purchase.

Mix of purchase, leasing and renting

Analyse the essential clauses of a heavy machinery leasing contract.

Planning fleet renewal

Identify the risks and responsibilities of the lessee and the lessor throughout the contract.

Effect of financing on contracting capacity

Calculate the effective cost, present value and amortisation schedule of a leasing transaction.

Relationships with financial institutions

Apply the accounting and tax treatment of finance leases in accordance with current regulations.

Career opportunities

Where this takes you

Machinery procurement managerHeavy machinery fleet managerFinancial analyst of industrial assetsEquipment financing adviserController at a construction companySales representative at a leasing company
Admissions & scholarships

Requirements

  • No prior degree is required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme comprises 300 hours in total, spread over 3 to 5 months. That is between 10 and 15 hours per week on average, compatible with a full-time job.

The course uses advanced Excel (financial models), SAP S/4HANA (fixed asset management), Power BI and Python (pandas). Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM Institute own diploma upon passing the continuous assessment and the integrative project. It is in-house training, not an official title from the Ministry.

Yes. Modules passed in a course or Postgraduate Diploma in the same area are recognised towards the higher programme. Check the recognition policy when you enrol.

Course in Leasing Contracts for Heavy MachineryEnrol
Scroll to Top
SEIUM – Institute of Advanced Engineering
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.