Finance Leases are ideal for funding equipment that quickly loses its value, such as IT. You pay the full asset cost over the payment term and then choose to keep or sell it.
Why Reality Finance?
Our Finance Lease solutions offer affordable deposits, fixed rentals and a choice of options at the end of the finance term, so you never need worry about depreciation or being saddled with outdated equipment.
Whatever asset you’re seeking, we’ll craft the right solution. We’ll tailor payments and terms around your needs, and make things easy with a rapid decision and turnaround that helps ensure fast access to your finance.
Why a Finance Lease?
- All the benefits, zero worries: avoid downsides such as fast depreciation and equipment obsolescence
- Repayments driven by you: we can link your rental payments to your cash flow
- Protects your valuable capital: you get the asset quickly for a low initial outlay
- You choose at the contract end: you can opt to retain the asset for a nominal annual sum or sell up and keep the lion’s share of the proceeds
- VAT-efficient: you only pay VAT on the rental payments, not the purchase price
- Minimises tax: you can usually offset your repayments against profits
- Probably no need for additional security: as finance is normally secured on the asset
Finance Leasing is ideal for:
- Rapidly depreciating equipment
- IT hardware and software
- Mobile communications
- Business vehicles
The vast majority of asset finance agreements are fixed in terms of interest rate. This means that not only do you have certainty as to what your monthly outgoings are, but with current interest rates you are locking in your borrowing when they are particularly low. In addition, you will not be charged an annual renewal fee as you would with a bank to renew your overdraft or loan facilities.