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Finance Lease

A Finance lease is where the business rents the asset over a set period as opposed to owning the assets.

At the end of the term you can still take ownership of the asset via a 3rd party for a fee (Usually 5% of the asset valuation at the end of the term).

What are the Benefits of a Finance Lease?

  • Spread the the whole VAT over the course of the agreement to reduce initial upfront costs.

  • Rentals are fully tax deductible as they are classed as an operating expense.

  • Can lend on new & used assets, generally of any age.

  • Usually works out cheaper than a business loan due to being secured lending.

Got Assets you are looking to lease? let us know & one of our team will be in touch.

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