Operating Lease
An operating lease lets you benefit from an asset whilst the
asset finance lender takes the risk of it loosing its value or
becoming obsolete. You get the full use of the asset as long as you
need it.
If you need a new piece of equipment to fulfill a particular job
or order, an operating lease could give you just the finance you
need. Improve your cash flow immediately and streamline your
finances by matching rental payments to your income.
You use the asset for as long as you need it. Then, at the end of
the term, the finance provider keeps the asset or you can extend
the agreement if you need to. An operating lease can have
significant tax and financial advantages compared to alternatives
such as hire purchase or a business loan.
All types of businesses can benefit from an operating lease. It's
ideal for any business that needs to use a piece of machinery,
plant or equipment for a specific length of time.
Key features and benefits of an operating lease:
- Improved cash flow and tax-efficient payments
- Streamlining (match rentals to income)
- Flexible term
- The asset finance company take the risk in the resale value of
the asset for you
- Rental and return conditions fixed at the outset
- Lower rentals (based on residual values)
- Off-balance sheet treatment (subject to auditor approval)
To see how working with Halo can benefit your business call 0845
450 1966.
Please contact
us for more details