The ideal facility when you need to reduce risks and costs to your business
Particularly effective for specialised assets and vehicles of higher value. The Finance Company builds in a residual value to reduce the rentals, thus helping cash flow and making ‘off-balance sheet’ funding possible.
KEY FEATURES & BENEFITS
• The Lessor bears the residual risk on the equipment’s value.
• Rentals can be set according to your cash flow – especially beneficial if your business is seasonal.
• Rentals can normally be offset against taxable profit*.
• Asset normally treated as ‘off-balance sheet’ (subject to your auditors’ approval).
• Fixed or variable interest rate – you make your own assessment and choose accordingly.
* Special rules apply to company cars.