Finance Leasing
With finance leasing your business can lease an asset over an agreed period, without the need to own it. This provides the flexibility to free up valuable cash flow and structure the finance in a tax-efficient way.
The benefits of finance leasing include:
- low initial capital outlay
- payments spread over the economic life of the asset
- repayments can be tailored to meet individual requirements
- option to extend the finance agreement at the end of the initial period, or sell the asset and retain the majority of the proceeds by way of a rental rebate
- asset rental can usually be offset against taxable profits.
Minimum transaction values are typically over £250,000, with financing terms of up to seven years – although longer terms can be provided.
For more information please speak to your Relationship Manager, call Gareth Palmer on 0161 829 5288 or email gareth.palmer@cfs.coop. We are also happy to discuss requirements with brokers.
