Finance leasing is a flexible, tax-efficient way for your business to acquire the assets it needs without using up cash reserves, and you may realise some value at the end of the term. Here's the deal:

• Financing for up to 100% of the purchase price (exc VAT)
• A Finance Lease offers the option to carry on renting the asset for a nominal sum OR to sell it and retain most of the cash proceeds when the term ends
• VAT payable on the rentals, not the purchase of the asset

With a Finance Lease there is normally no need for additional security as the finance is usually secured on the asset.

How a Finance Lease works

With finance leasing, we retain ownership of the assets purchased, but you can sell them on our behalf at the end of the term and keep most of the proceeds.

With a Finance Lease you also get a choice of fixed or linked rate funding as well as a payment structure that can be matched to your cashflow patterns to ease budgeting. The funding is on balance sheet.

A Finance Lease can be suitable for businesses of all sizes, and all types of assets. For example, if you want to buy commercial vehicles and recover some of their value at the end of a fixed period, this could be the right business finance solution.