Finance Lease

A popular, flexible method of funding a broad spread of business assets. Very similar in cost to HP.

• When the asset is sold you normally receive the lion's share of the sale proceeds.
• The flexible repayment structure gives you immediate and full use of the asset for a minimal outlay.
• Rentals can be set according to your cash flow - especially beneficial if your business is seasonal.
• Rentals can normally be offset against taxable profit. Asset treated as 'on-balance sheet'.
• VAT is paid on the rentals not the purchase price*.
• The Funder, as the owner of the asset, claims writing down allowances, and these are reflected in the rentals you pay.