Finance Lease
Affordable, quick start
It’s an attractive leasing option with fixed repayments. Since VAT is payable on each lease payment rather than in full at the outset, this is an easy start. The finance lease starts with a primary lease period, typically 2-5 years – which covers the full cost of the equipment. At the end of it, you may request the equipment to be sold to a third party – the proceeds from the sale are yours to keep. Or you can opt for a secondary lease period, continue to use the equipment in exchange for prearranged annual fee. Start using your new machine quickly, with a low deposit and easily budgeted fixed payments.
Finance lease requires low initial capital outlay and features fixed payments, fixed interest and no usage restrictions.
Key Benefits of Finance Lease
- Easy start – lower initial cash outlay, VAT is spread over the lease payments
- Tax benefit – your lease repayments are business expenses; you may be able to offset them against taxable profits
- Easy budgeting – fixed interest rates
- Control – you are entitled to 100% of the proceeds from the sale
Find your financing solution
Loan
Loan is a straightforward financing option that has you own the machine you make payments on.
Operating Lease
Operating lease is a cost-effective way to fund the use of a machine over a fixed term, without owning it.