Asset Lease

By arranging your Truck Finance under an Asset Lease the financier purchases the equipment on behalf of the customer, who then pays the financier a fixed monthly lease rental for the term of the lease.

At the end of the lease the customer can either pay a residual on the lease and take ownership of the equipment, sell the equipment or re-finance the residual and continue the lease.

Key Benefits

• Flexible contract terms
• Fixed interest rates
• Fixed monthly lease rentals
• Your costs are known in advance
  
• A residual can be applied to lower monthly payments
  
• Tax deductions can be claimed
  
• Ability to make advance lease payments (for tax deduction or cash-flow purposes)