What is an operating lease facility?
An operating lease facility is only available on certain goods and assets. Invariably the rentals paid by the client are not directly related to the total cost of the goods or asset e.g. a vehicle which is hired for a fixed period of time but no requirement is factored in to continue using or own the goods after the contract ends. If you have high-value assets, or need specialist equipment to complete contracts for your clients, you want to reduce risks and costs to your business.
The rentals are typically fully tax deductible and the facility does not appear on the balance sheet of the customer.
How will an operating lease from CMF benefit me?
- Helps to fix costs – for a set sum you can acquire and use the equipment immediately
- Reduction in your tax payments – you are able to reclaim VAT on your assets and usually offset your payments against taxable profits
- In tune with your cash flow – we tailor payments to match with seasonal cash flow
- Cash flow boost – We set a residual sum which reduces your payments
We are an asset finance company that offers both personal service, an excellent rates of finance. Call today on 01928 739 712 to see how we can help your business, or send an enquiry.