Finance Lease

A Finance Lease agreement gives you the full use of an asset (typically a Car or Van) for an agreed period of time for an agreed periodic rental. This is a popular flexible method of funding a broad spread of business assets. It offers all the practical benefits of ownership without any of the potential burdens.

Key features and Benefits of Finance Lease

• Flexible repayment structures give you immediate and full use of the asset for a minimal outlay
• Fixed interest rate provides certainty of repayments and assists budgeting
• Rentals can be offset against taxable profit
• VAT is paid on the rentals not the purchase price
• Rentals can be structured to reflect cash-flow requirements
• Retains existing credit lines and gives you a new source of credit for current and future needs
• Eliminates risks and costs associated with disposing of assets at the end of their useful working life