An operating lease enables products and equipment to be financed ‘off balance sheet’* as the technology is accounted for as a rental expense. The equipment is never owned by you, but by us, and is accounted for by you as a rental expense with no asset or liability appearing on your balance sheet. The primary term of the lease is shorter than the equipment’s useful economic life and flexible options are available at the end of the contract. An operating lease helps you to preserve cash flow, as well as being tax efficient *Off balance sheet at the moment; take advice from your financial advisor or auditor as there are changes expected from 2019 with the IFRS16 standard
Our expertise helps us to understand your financing needsOur market-specific teams have an in-depth knowledge of both financing and equipment within each sector and will be able to advise on the best financial product to suit your business needs.
Benefits of finance
- No one-off capital payment
- Flexibility at end of lease term
- Protects cash flow
- Corporation tax efficient