An Operating Lease is simply a rental agreement. You avoid the risks associated with ownership and have no residual value liability. At the end of your operating lease agreement you may simply return the asset. A very important feature of an operating lease is that the finance cost is known for a fixed period of time which is great for budgeting.

What are the benefits?

Working capital is maintained.

Flexibility – you can update, upgrade or add-on equipment as your     business needs it.

Predictable cash flow and preserved capital - with rentals, your     capital and existing lines of credit are conserved for core business     requirements. Renting does not impact your ability to borrow from     your bank when you need it.

Tax advantage - rental payments are treated as a 100% tax-    deductible expense item when the equipment is used for business     purposes. Since the equipment is funded as an operating expense,     it does not appear on your company's balance sheet.

What can Assetfin provide?

End of term options without commitment - at the end of the Rental term, you have a number of choices.
A tailored solution specific to your business needs.
Experienced and helpful staff to make sure your finance needs are handled professionally.