FINANCE LEASE
A flexible funding method giving the benefits of use and ownership of an asset without many of the financial risks.
A residual, payment holiday.
KEY BENEFITS
- Agreement can be tailored to match the economic life of the asset.
- If and when the asset is sold/traded in, you receive up to 99% (usually 95%) of the sale proceeds.
- Low initial outlay.
- VAT is paid on the monthly rental and not upfront in one large amount.
- As the Finance House owns the asset and claim tax allowances, the savings are reflected in the monthly rentals.
- All types of assets.
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