Finance Lease
Ideal for VAT registered companies who want to handle the administration of their vehicles and have the asset shown on their balance sheet.
A VAT beneficial option where the hirer can choose to pay the entire cost over the agreed lease period with a final payment based on the anticipated resale value of the vehicle.
Finance Lease gives your business:
- Accurate monthly budgeting
- Improved cash flow
- Minimum capital expenditure
- Fixed interest rate
- Rental allowable against taxable income
- VAT chargeable on rentals
- VAT recoverable on rentals
- VAT recovered on purchase cost by finance company and passed on to customer in lower rental
Vehicle Running Requirements
- Reduced administration
- On-going advice / support
- Fixed interest rate
We are happy to advise on the suitability of this finance option with respect to your particular requirements.
Please email us for more information.
