Finance Lease

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Finance Lease - all the practical benefits of ownership without any of the potential burdens
Finance Lease
A Finance Lease agreement gives you the full use of an asset for an agreed period of time for an agreed periodic rental. This is a popular flexible method of funding a broad spread of business assets. It offers all the practical benefits of ownership without any of the potential burdens.
  • Flexible repayment structures give you immediate and full use of the asset for a minimal outlay
  • Rentals can be structured to reflect cash-flow requirements
  • Fixed interest rate provides certainty of repayments and assists budgeting.
  • Rentals can be offset against taxable profit
  • VAT is paid on the rentals not the purchase price*
  • The lessor claims writing down allowances, and these are reflected in the rentals you pay
  • Retains exisiting credit lines and gives you a new source of credit for current and future needs
  • Eliminates risks and costs associated with disposing of assets at the end of their useful working life
* Special rules apply to company cars

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