Leasing or asset finance provides a convenient and easy source of additional finance to fund a wide range of assets. For non-tax paying companies and public sector bodies there is the added benefit of the lessor utilising the capital allowances to provide a lower after tax cost to the lessee.

Some financial and commercial considerations when using asset finance include:

• Spread the finance over the useful life of the equipment
• Flexible payments, tailored to lessee requirements
• Asset obsolescence can be mitigated
• Asset ownership risks can be transferred to lessor
• Alternative source of credit from bankers
• Capital resources can be redirected for other uses
• Fixed interest for the term of the lease
• Other service costs can be included such as maintenance and installation costs.

Different types of lease products are available to suit each client’s specific requirements as follows:

• Operating leases
• Finance leases
• Hire purchase
• Sale and leaseback
• Cross border finance
• Contract hire

We use the latest lease evaluation software and work closely with our clients thereby ensuring the most competitive and risk averse financial solution is achieved.

If you would like further details, please contact us.