Operating Lease
- Use the asset without the pitfalls of ownership: your business reaps the benefits of using the equipment whilst the lender takes the burden of ownership and the risk in its resale value.
- Reduced repayments: use the future residual value of the asset to subsidise your lease installments and really boost your cashflow
- You choose at the end of term: make purchasing balloon payment or return the asset to us to retrieve the residual value
- Save on tax: claim your payments against your profits and reclaim VAT on your asset
Why use an Operating Lease?
An Operating Lease is ideal for high-value equipment and machinery whose life expectancy is longer than the finance term. You get the asset for part of its useful life, with the choice of either a balloon payment or returning the asset to us when the contract ends.
We’ll take the time to understand your needs and design an Operating Lease plan around your budget. Plus, we’re dedicated to keeping your rentals low and giving you a quick decision and turnaround, so you get your asset without any frustrating delays.
- Use the asset without the pitfalls of ownership: your business reaps the benefits of using the equipment whilst the lender takes the burden of ownership and the risk in its resale value.
- Reduced repayments: use the future residual value of the asset to subsidise your lease installments and really boost your cashflow
- Set your payments and term: customise your installments and payment term to match your budget
- Plan ahead confidently: agree the rental and return conditions from the outset
- You choose at the end of term: make purchasing balloon payment or return the asset to us to retrieve the residual value
- Save on tax: claim your payments against your profits and reclaim VAT on your asset
What Can an Operating Lease Fund?
- High-value assets with a long life expectancy
- Heavy-duty machinery and equipment
- Equipment needed for specific contracts or a set period
An Operating Lease is ideal for high-value equipment and machinery whose life expectancy is longer than the finance term. You get the asset for part of its useful life, with the choice of either a balloon payment or returning the asset to us when the contract ends.
Why Reality Finance?
5 star service rating
Verified by Feefo
Over 30 lenders on our panel
so we can source you the best deal
Lender in our own right
Provides additional flexiblity
Funding hard and soft assets
Anything you need for your business
22 years of trading
Established in 2000 and privately owned
Case Study | Packaging Automation
Jason Turner, specialist Account Manager at Reality Finance arranged the finance on behalf of the company:
“Our customer needed to increase production quickly and we were keen to support them with getting the required kit into place. With the Packaging Automation supplied machine and our support with the funding, they were able to double their production line immediately”.
Supporting a Fast-Growing Food Manufacturer
Reality Finance have recently worked with Packaging Automation to support a Yorkshire-based manufacturer of specialist gluten and dairy-free food products. This company was producing over 20 million meals a year for major supermarkets and food outlets and was in demand to produce more of their product.
Challenge
With the new factory set up and running, and with the brand growing, orders from leading supermarket chains continued to increase. The production line was struggling to keep up with the demand, with the company having to turn away new orders, stopping the business from growing further.
The company recognized that to increase its production volume, it would need to invest in specialist machinery including an additional packaging and production line – a significant capital investment. With immediate cash reserves allocated to other areas of the business, the company needed an alternative method of funding its new equipment.
Solution
Reality Finance was able to put together a monthly payment solution, enabling the company to spread the cost of its investment over a 5-year period. The purchase was an Eclipse SL4 Atmospheric Heat-Sealing Machine Installation as well as spare parts, accessories, and delivery, supplied by Packaging Automation.
This new equipment was delivered and installed within weeks of the initial order, meaning the manufacturer could increase their production and meet the demands of their suppliers.
