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Asset Leasing

Finance Leasing allows you the full use of an asset but without ownership ever passing to your business.

Benifits

  • Rentals are deductible from income as a trading expense
  • Flexible rental patterns and lease periods
  • If you are registered for VAT then the VAT charged on rentals can be reclaimed
  • Option to extend the lease into a secondary period
  • Be offered the majority of sale proceeds when we sell the asset

The lease period will be set for the useful life of the asset and at the end of the term you will be given three options:-

  • Sell the goods to a third party and be offered the majority of the sale proceeds
  • Enter a secondary rental period and continue to use the asset
  • Return the asset to us

Suitable Assets

  • Light and heavy commercial vehicles
  • Engineering machinery
  • Construction equipment
  • Buses, coaches and mini buses
  • Plant and miscellaneous machinery