A finance lease is a flexible, tax efficient way for your customer to acquire the assets they need without using up valuable cash reserves.
Key features and benefits of a finance lease:
• Finance is available for up to 100% of the purchase price (excl. VAT);
• Flexible and tax-efficient funding;
• Rentals can be matched to your cash flow to ease budgeting;
• VAT is payable on the rentals, not the purchase of the assets;
• At the end of the lease agreement you can either retain the asset for a nominal annual sum or sell it and retain most of the sale proceeds;
• There is usually no need for additional security as finance is normally secured on the asset.