Finance Lease a flexible lease option with no mileage limits or damage recharges. For a registered company that wants to handle your own vehicle administration, Finance Lease could be perfect for you. Another advantage is the asset is shown on your company balance sheet.
Also, Finance Lease is a VAT-beneficial option. You can pay the entire van cost over the agreed lease period, plus interest charges. Alternatively, you can pay lower monthly rentals during the lease period with the additional of a final balloon payment. The balloon payment is based on your expected resale value of the van.
There are more advantages to Finance Lease, as well as some disadvantages. More information is available at the link below, and we are on hand to help. As always, get in touch to discuss your requirements and find out about our latest cheap van finance deals.
Finance Lease is perfect for VAT registered businesses who want to handle the administration of their vehicles, and have the asset shown on their balance sheet.
A VAT-beneficial option where the hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle.