Operating Lease

An Operating Lease is a flexible way of enjoying the benefit of an asset without purchasing it outright.

Low rentals are achieved by basing them on a percentage of the initial capital cost of the asset. The finance company bears the risk of recovering the rest from resale of the asset at the end of the agreement.

Benefits:

  • You have full use of the asset without buying it outright
  • Rentals can typically be offset against profit before tax
  • If you are registered for VAT, you can normally reclaim VAT on the rentals
  • Rentals are considerably reduced as they are based on a percentage of the original capital cost
  • Rentals can be arranged to mirror customer’s cash flow
  • End of term flexibility – the opportunity exists to re-rent the asset for a further term or you simply return the asset
  • Flexible rental terms from 2 years upwards. Rental periods can be matched to the planned use of the equipment
  • This form of funding can be classified as “off-balance sheet” funding subject to conditions approval.

Some Assets We Fund

  • Forklift

    Forklift Leasing & Finance

  • Automotive Technologies

    Automotive Technologies

  • Optical Equipment

    Optical Equipment

  • HGV Trucks & Trailers

    HGV Trucks & Trailers