Leasing

Effective cashflow management is one of the key challenges for businesses today. Leasing allows your business to obtain the use of selected plant, equipment or vehicles over an agreed term - in exchange for a fixed rental.

How Does It Work

At its simplest, leasing is an arrangement whereby the bank buys the assets your business needs and as owner leases them to you over a given period (usually 3 – 5 years). In this way you are acquiring the use of the asset without putting your cashflow under extra pressure. All rentals and fees are subject to VAT at the current rate.

At the end of the lease period you can either extend the lease by paying a small annual rental or buy the asset outright in a seamless process, from Leased Assets Disposal Company (which will have acquired the asset from the bank).

Ways we can help