Finance Lease

FINANCE LEASE

Finance lease enables you to use the business assets you need without having to purchase them. The funder will pay the supplier of the equipment and then you pay rentals to the funder over a defined term. At the end of the lease period you are then able to choose to return the asset to the funder, sell the asset and keep a proportion of the proceeds or continue to use the asset by entering into a secondary rental period.

  • Lower cost upfront as the VAT is spread over the rentals rather than due on day one
  • Rentals can be tailored to suit your cash flow requirements
  • The rentals can be offset against pre-tax profits
  • You can reclaim the VAT on the rentals