Phone: 1300 723 927

Finance Lease

A finance lease is very much like renting an asset over a specified term versus having the option to own the asset once the term is over.

At the end of a finance lease term the client hands back the asset to the finance lease company and can then simply move up the new asset if they wish to.

There are some key points to note with regard a finance lease, some of those being: -

Rental of asset versus ownership
Residual values are determined by ATO rulings based on effective life of the asset
A fixed rental payment and term apply for the life of the finance lease

There are some tax benefits in choosing a finance lease such as claiming of expenses of the rental and the finance lease itself is expensed through the profit and loss statement.

For detailed information on tax benefits of a finance lease we suggest you contact a tax professional to ensure that a finance lease provides you with maximum benefit.

To find out more about finance lease options please call us on 1300 723 927 or Contact Us via this site and one of our finance lease specialists will assist you. Alternatively you can obtain further information on Finance Leases from our parent company.

Novated Lease Mercedes
Novated Lease Ford

Commercial Loans Flinders Street

 

 

 

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