Finance Lease

With a Finance Lease, the risk of ownership is transferred to your business without transferring legal ownership of the equipment being purchased. There is a residual value given to the lease that falls within the ATO’s specific range and you can decide at the end of lease to pay it out, extend your term or enter a new agreement.

How does a Finance Lease work?

With a Finance Lease, your finance provider purchases the equipment or vehicle being leased and allows you to use it after you pay a deposit and agree to a monthly payment schedule. With a Finance Lease, you are not committed to purchasing the equipment at the end of the lease. You can simply just return the asset, walk away or purchase the asset from the lender for the pre-set residual value.. 

The benefits of a Finance Lease are:

  • There is flexibility to easily upgrade the equipment, if your business requirements change.
  • Payments are 100% tax deductable providing the equipment is used for 100% business purposes.
  • At the end of the term you make an offer to the finance company to purchase the goods, as the pre-set residual value.

*The above should be used as a guide, please contact your accountant or Financial adviser to see what is applicable to your business.

Other services

We offer a wide range of services to meet every type of business.

Equipment and Asset Finance

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Rental and

Operating Lease

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Chattel

Mortgage

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Debtor and Cashflow Finance

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Small Business

Loan

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Business, Commercial and Property Loan

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We’re here to help!

We want to know your needs exactly so that we can provide the perfect solution. Let us know what you want and we’ll do our best to help. 

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