Operating Lease solutions

Keep your options open with leasing

Operating Lease for added agility

Similar to a Finance Lease, an Operating Lease allows you to rent the asset from us while you need it.

The key difference between the two is that an Operating Lease is only for part of the asset’s useful life. This means you pay a reduced rental because the cost is based on the difference between the asset’s original purchase price and its residual value at the end of the agreement.

You get full use of the asset for as long as you need it, without the burden of responsibility of disposing of it or recouping its residual value.

Benefits of Operating Lease

  • Low initial outlay - Quick access to the asset you need without a heavy upfront investment
  • Freedom - Full use of the asset without having to buy it outright
  • Flexibility - Option to re-rent, purchase or return the asset at the end of the term
  • Pay less - Rental cost is reduced as it is based on a percentage of the original capital cost
  • Off balance sheet funding
  • Reduce costs - Reclaim VAT on rentals

Sector specialists

Our asset finance managers’ in-depth knowledge of their industry sector ensures they see the big picture. This means that if you’re seeking asset finance to support new product development or diversification, they will be able to you help you explore your vision within the context of the wider market.

The individual customer is at the heart of what we do, but our lending decisions are underpinned by our sector expertise, which covers: 

To find out how we can help, please contact us today.