Finance Lease
A finance lease provides 100 per cent financing (no deposit necessary) for the acquisition of equipment for use in your business.
The finance lease is essentially a rental agreement where the financier owns the equipment, which you then lease for an agreed term and rental amount.
Under the terms of a finance lease, you have no option/right to purchase equipment leased to you either during, or at the end of the agreement. However in practice, most financiers will consider an offer from you to purchase their equipment for the residual value at the end of the lease term.
Features of a Car Lease
 |
Payments can be customised to your business cash flow |
 |
Irregular or seasonal payment plans are available |
 |
Payments are subject to stamp duty and GST |
How can your business benefit?
 |
100 per cent financing so your working capital is preserved |
 |
Flexible payment arrangements to maximise the cashflow of your business |
 |
Ability to claim your rental payments as a full tax deduction, where the equipment is used to generate assessable income |
|