Due to its tax advantages Finance Lease is a popular solution for companies to fund the lease of commercial vehicles. This option allows you to benefit from lower monthly payments which can be lowered further by introducing a balloon rental at the end of the contact term.
Although your business does not own the vehicle, (keeping it off your Balance Sheet), on the disposal of the vehicle to a third party at the end of the contract, you will receive 98% of the proceeds of the sale. If a balloon payment has been set up, these proceeds help to clear the rental. There is also an option to re-finance the balloon payment at the end of the lease term.
Due to its tax advantages Finance Lease is a popular solution for companies to fund the lease of commercial vehicles
Contact GWA who can advise you which of our financial packages is most suitable for you and your business, and take care of the whole process.
If you think this sounds like the right option for you, please contact us at GWA to arrange a meeting to discuss a financial package that will best meet your requirements.