Leasing Info & Help
Sale and Leasback
Typically, sale and leaseback is used to refinance assets that have previously been purchased outright in order to release capital tied up in existing assets. It can be used where suppliers might need part payment or clients want to pay cash for equipment up front in order to achieve greater discounts. If the asset is over 3 months old some depreciation is also likely to apply. Sale and leaseback is highly tax efficient and the asset remains on the clients balance sheet making this the common leasing option amongst car fleets and the IT sector.
Why would I use my equipment to get working capital?
- Get up to 70% of the purchase price against existing equipment you own
- The equipment stays on your property
- You can write the monthly payments off up to 100%
- No interruption in the use of the equipment
- No restrictions on how the money is used
- No other collateral needed
- Does not interfere with your credit lines at the bank
