A Finance Lease is a finance product whereby the
client rents the asset of the financier while the financier
retains the ownership of the asset
The client has no equity in the asset and no right to
purchase the asset at the end of the lease. A residual value
is set and the client must indemnify the lessor ie the
financier at the end of the lease. The interest rate, term &
rentals are fixed for the life of the contract. The client
claims rentals as a tax deduction.
Call us on (03) 9888 9292 and we will be happy to discuss
your options with you.