Finance Lease

Where ownership is not required, finance lease works well for a broad spread of business assets as well as vehicles.

Key Features & Benefits

  • Preserves cash flow – offering the benefit of paying in installments over a fixed period.
  • Initial deposits – can be as low as one repayment / rental down with the VAT spread over the term of the agreement.
  • Flexible – repayments can be structured to match anticipated cash flows.
  • Tax efficient – repayments are normally offset against taxable profit.
  • Cost effective – the funder, as owner of the asset, claims the writing down allowances which can then be reflected in the form of lower rentals.

At the end of a finance lease the customer can continue renting the equipment by paying annual secondary rentals. On sale of the goods to a third party the customer is entitled to percentage of the sale proceeds, often up to 99%.