The benefits of ownership spreading the cost over an agreed period, this type of funding is suitable for most fixed assets, cars, vans, HGV’s.
Finance Lease benefits
• Low initial outlay
• Tailored rental payments to match your cash flow
• Tax Advantages – Payments are normally offset against taxable profits
• VAT is payable on the rentals not on the purchase price
• The Lease provider claims the writing down allowances these reduce the rentals
• At the end of the lease when the asset is sold you will receive the major share of the sale proceeds