A Finance Lease is a commercial finance product. Under a Finance Lease, the financier purchases an asset on behalf of the customer, and then leases the asset to the customer in return for monthly rental payments. At the end of the term of the lease, the financier gives the customer the option to purchase the asset in return for a final instalment (residual value). Alternatively, the customer may choose to "trade in" the asset, or re-finance the residual and continue the lease.

What are the benefits?

Security is usually the asset itself – preserving access to working     capital credit lines.

Tax deductible – generally the rental is deductible to the extent the     asset is used in your business.

Keeping your business up-to-date – leasing allows you to regularly     make use of the latest technology and most efficient vehicles, plant     and equipment.

Get the real value out of your equipment – leasing terms are     structured to allow for the residual value at the end of the term to     reflect the equipment’s expected useful life.

Tailored to match your cash flow – rental cycles aligned with your     anticipated cash flow.

Simplicity – rentals will automatically be debited from your     nominated business account.

What can Assetfin provide?

A tailored solution to match your cash flow, for any of your business     needs;
A choice of interest rate type;
A choice of rental payment options.