Product Overview
Understanding Operating Lease
An Operating Lease allows businesses to use vehicles, equipment and other business assets over an agreed term without taking ownership of the asset. The lender retains ownership throughout the agreement, with the asset typically returned at the end of the lease term.
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Rentals, agreement structures and return conditions may vary depending on the asset type, usage requirements and individual business circumstances.
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Contract Hire your assets where you only require utilisation not ownership.
Key Benefits for Your Business
Preserve Working Capital
Access business assets without significant upfront capital expenditure.
No Ownership Obligation
Use business assets over an agreed term without ownership at the end of the agreement.
Ideal For Regular Asset Replacement
Suitable for businesses investing in high value assets or winning significant new contracts where there is a requirement for bespoke and costly equipment.
Additional Operating Lease Information
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Funding available for new and used business assets
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Assets are typically returned at the end of the lease period reducing your risk on the asset losing value or having the inconvenience of disposal
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Rental of the asset is not for its full economic life, it has a residual value at the end of the lease period
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Funder retains risks and rewards of the asset(s)
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Maintenance responsibilities may vary depending on the facility structureF
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Minimum transaction size - £75k
Common Operating Lease Assets
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All types of vehicles
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Technology and IT equipment
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Plant and machinery
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Cranes
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Business-critical operational equipment
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Specialist equipment
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Assets requiring regular replacement cycles
The Operating Lease Process
Our streamlined process ensures you get the assets you need for your UK business with minimal complexity and maximum speed
01
Initial Consultation
Discuss your asset requirements, operational needs and preferred lease structure with our team.
02
Indicative Funding Review
We assess suitable leasing options and provide indicative quotations based on your individual requirements and circumstances.
03
Approval & Documentation
Once a suitable facility has been identified and approved, documentation is completed and the lease agreement is finalised.
04
Asset Delivery & Use
The asset is delivered and can be put into operational use for the agreed lease term.