A Finance Lease is a great way to get an asset while minimising your capital expenditure. Payments are fixed for the term of the rental and there is no upfront deposit required. The rental period usually lasts between 2 and 5 years.
- You can protect your working capital by financing 100% of the asset worth.
- If the asset is used as part of your business, the rental payments may be tax deductible.
- You may also be able to claim an input tax credit for the rental, as well as the other charges.