Finance Lease
If you want to take the financial and operating responsibility for the risks and rewards of your business' fleet, then Finance Lease contract may be the funding product for you?
Finance Leases offer the tax advantages of contract hire with the risk and reward benefits of outright purchase, making them ideal for businesses with an appetite for risk and who have a dedicated in house resource.
What are the benefits of financial lease contract for you?
- Reduce rentals by including an agreed final balloon payment
- Option to extend into a secondary lease period on a peppercorn rental basis for a percentage of the original invoice price, payable per annum, in advance
- Finance Lease is on balance sheet funding from an accounting perspective
- You can benefit from surplus in the sale proceeds at the finance lease agreement end.