Lease

Acquiring assets with no hefty outlay

We can help you have the potential to invest in the latest technology, plant and equipment for your business.

Benefits

• Choose a payment option that works for your business
• Receive a proportion of the proceeds from the asset sale at the end of the agreement
• Personal attention from a dedicated relationship manager
• VAT payable on each rental is normally recoverable if you are VAT registered
• Capital allowance benefits are reflected in the rentals

Important information

• Interest rate
  • Interest rates – may be individually negotiated and the amount you are charged will depend on your circumstances – speak to a relationship manager for more details
• Interest type – fixed or variable rates
• Interest calculated
  • Fixed – calculated at inception
  • Variable – calculated daily
• Minimum term – 6 months
• Maximum term – negotiable
• Costs
  • Documentation fee – negotiable and paid at the outset of the transaction
  • Fees and charges – may be individually negotiated and the amount you are charged will depend on your circumstances – speak to a relationship manager for more details
• Terms and conditions
  • Capital allowances are claimed by the Bank
  • Sharing of proceeds from the asset sale – negotiated with your relationship manager
  • Full terms and conditions are available on request

Additional solutions

• Flexible Business Loan