Lease

What We Offer

Use Finance Leases for tax efficient funding for tractor finance or agricultural equipment finance. Rentals can be charged against taxable profits, the ideal scenario when there are insufficient taxable profits to claim all available capital allowances, while capital outlay is kept low and VAT can be spread over the period of the lease. Finance Leases offer flexible funding that eases cash flow with the net proceeds from any resale of the goods paid back to the business at the end of the lease.

A Breakdown of Finance Lease:

FINANCE LEASE: Hire of the asset – Ownership remains with the Funder/Lessor

- The lessor (finance company) will purchase and own the asset.
- The lessee (customer) will have use of the asset during the life of the lease.
- The customer pays a primary period of rentals, or instalments, for the use of that asset followed by a secondary period rental.
- Net proceeds from any resale of the goods paid back to the business at the end of the lease (up to 100%).
- The VAT is payable on each lease payment instead of upfront.