Finance leasing allows you the full use and benefits of an asset but without the potential burdens of ownership as this rests with the lessor.
It’s suitable for light and heavy commercial vehicles, engineering machinery, construction equipment, buses, coaches and miscellaneous plant.
- 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
- You will receive the majority of the 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 have two options:
- Sell the goods to an independent third party and be offered the majority of the sale proceeds
- Enter a secondary rental period and continue to use the asset