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Finance Lease

Ideal for those who would prefer to spread the VAT, are not VAT registered or where ownership isn’t necessary.  A finance lease is whereby a finance provider purchases the asset on your behalf and essentially leases the asset back to you, allowing you to benefit from the use of the asset for the term of the contract, and beyond should you wish.
 

 
 
 
 

VAT is spread over the term of the contract and is payable in addition to any upfront deposit and the periodic payments, ideal if you are restricted on cashflow or not VAT registered.
 
At the end of the finance period, you have several options:
 

  • Assign a third party to purchase the asset (either an outright sale or on your behalf),with the bank retaining a small percentage of the sale proceeds
  • Enter a secondary rental period and pay a small peppercorn rental (usually equal to one periodic payment per year)

 
 

Finance Lease

Ideal for those who would prefer to spread the VAT, are not VAT registered or where ownership isn’t necessary.  A finance lease is whereby a finance provider purchases the asset on your behalf and essentially leases the asset back to you, allowing you to benefit from the use of the asset for the term of the contract, and beyond should you wish.

 
 
 

VAT is spread over the term of the contract and is payable in addition to any upfront deposit and the periodic payments, ideal if you are restricted on cashflow or not VAT registered.
 
At the end of the finance period, you have several options:
 

  • Assign a third party to purchase the asset (either an outright sale or on your behalf),with the bank retaining a small percentage of the sale proceeds
  • Enter a secondary rental period and pay a small peppercorn rental (usually equal to one periodic payment per year)