Leasing allows you to spread the cost of business asset purchases. We pay for the asset outright, and you repay us in monthly instalments. At the end of the agreement you can either:
- continue to lease the asset for some more time
- sell the asset to a third party on our behalf
Will your asset be out-dated at the end of your term? Do you only require your asset for a short amount of time? If so then leasing may be perfect for you. An added incentive for leasing is that you may even see a positive tax impact, as depreciation can be claimed as an expense on your books.
At the end of your agreement you are free to get a lease on the latest equipment, or even extend your terms if you wish. It’s important to remember that with a Lease, you have the right to use the asset but you do not have the option to purchase.
When you take out a lease agreement with us we create a bespoke payment plan, fitting within your needs and budget. You can rest assured that your fixed repayments won’t interrupt your businesses future plans or cash flow.
If you’re a Small to Medium Enterprise business that’s looking to expand and acquire some new assets, then fill out our online application form to receive an instant response on whether we can provide the finance to meet your needs.