Finance Lease - Charter Hall Asset Finance

Finance Lease

What is a Finance Lease?

Financial lease arrangements provide greater flexibility than other asset based lending options. In principle, a finance lease enables you to use the machinery or equipment without buying outright.

This type of machinery finance increases your options at the end of the lease period and reduces your repair and maintenance liability during the rental period. However, you should check the terms of the rental carefully.

Finance Lease

How does lease finance work?

Lease finance, in essence, is a rental agreement. You pay rent and get full use of the equipment, vehicle, or machinery in return.

You can work with the renter to tailor the flexible rental period to your business’s cash flow and needs. Over the rental period, you pay the asset’s total cost, including interest.

At the end of the primary lease term, you have three options, you can:

Enter a secondary rental period and continue to use the asset
Return the asset to the lender
Sell the asset and retain a part of the sale income

Finance Lease

Benefits of a finance lease

Cashback – Obtain the majority of the asset’s sale income if you choose to sell at the end of the lease
Flexibility – We design the lease period and rental payments to match your cash flow
Low initial outlay – Access the assets you need without substantial upfront investment
Reduce costs – Reclaim VAT on rentals
Tax-efficient – Offset the rental against pre-tax profits

Finance vs operating lease

If you need short term access to machinery or equipment, you may want to consider an operating lease instead. This works in much the same way as a finance lease but for shorter periods, allowing greater access to upgrades and more flexibility.

Professional Finance

Industry Specialists

Agriculture & Farm

Changing weather conditions, supply chain issues, the pandemic and changes in eating habits affect farms across the country.

Beauty & Salon

Charter Hall provides financial solutions for businesses across the beauty sector.

Brewing

The UK’s beer industry is worth around £9 billion (Statista, 2021). Interest in craft beers has helped fuel this profit.

Catering & Vending

Catering covers everything from small independent cafes and food trucks to multinational restaurants and public houses.

Construction

Financing for construction companies does not need to be a nightmare process. Asset finance can provide the equipment and machinery you need for affordable monthly payments.

Dental & Medical

Whether you are expanding your practice, setting up a new practice or replacing broken or ageing equipment.

Engineering

Many industries require engineers, and those firms that win the most lucrative contracts combine a skilled workforce with up-to-date machinery and equipment.

Gym & Fitness

Gym and fitness centre incomes have been hit hard in recent years, leaving some struggling to maintain their cash flow while offering the best and latest equipment.

Franchise

Many people dream of owning their own business, wanting the freedom of working for themselves in a sector they know and love.

Healthcare & Medical

Whether you are setting up or expanding your practice, or replacing broken or ageing equipment, access to suitable finance is a must for medical and healthcare providers.

Leisure

The UK leisure industry is worth £120bn according to KPMG, with the average family spending around 22% of their weekly budget on leisure activities.

Manufacturing

At Charter Hall, we provide asset finance solutions for businesses across the manufacturing sector.

Photography & Film

Charter Hall have the industry experience and financial knowledge to help you find the asset finance you need to turn your creative dream into a reality.

Plant & Machinery

Assessing the best way to acquire new machinery or equipment for your business can be tricky.

Renewable Energy

The technology required to produce green energy is still expensive. The cost alone can prohibit companies from expanding into the green energy market.

Retail

The retail industry accounts for around 5% of the UK’s Gross Domestic Product (Office of National Statistics) and employees around 10% of the national workforce.

Technology

Technology is at the heart of most businesses in some form or another.

Transportation

Vehicles are vital components in numerous business sectors across the UK.

Hire Purchase

Hire Purchase is especially appropriate for obtaining machinery, vehicles, commercial and construction apparatus with a resell value.

Refiance

A quick way of accessing the value of your assets is through refinancing, releasing the capital tied up in those assets.

Finance Lease

Financial lease arrangements provide greater flexibility than other asset based lending options.

Operating Lease

An Operating Lease enables you to rent an asset when you need it.

Directors Cars

If you are a director of a business, your vehicle must reflect your position and your dedication to your role.

Range Rovers

If you are looking for an all-terrain vehicle that doesn’t skimp on luxury or technology, the Range Rover range has you covered.

Classic Cars

Are you looking for the one car you have always wanted to own, or are you a seasoned collector wanting to add a missing piece.

Electric Vans

We are all encouraged to swap to electric or hybrid vehicles to reduce our carbon footprints and emissions.

Vans

Whether you deliver parcels, clear household waste, or are in removals, the right vehicle is essential.

Electric Cars

We are all being encouraged to swap to electric or hybrid vehicles to reduce our carbon footprints and emissions.

Minibuses

Cost-effective access to high-quality minibuses with low on-road costs is essential for businesses and independent drivers to make a living.

Coaches

The increase in coach travel is in addition to the more traditional coach hires for teams, outings, and school trips.

Flat Bed Trucks

If you are looking for a new or used flatbed truck for sale but don’t have access to the necessary capital, Charter Hall can help.

Cage Tippers

If you need a new or used cage tipper for sale but don’t have access to the suitable capital, Charter Hall can help.

HGVs

If you need access to a new HGV but don’t have access to the suitable capital, Charter Hall can help.

Trusted & Recommended

Testimonials

Excellent service provided, Michelle and Glenn do go the extra mile to help with all aspects of leasing a car.

Jonathan Lilley

The quality of service provided is as good as ever. I have never been disappointed with their helpful attitude and response times. I feel In particular Mike Simm and Laura-Jo Gee are always prepared to go the extra mile. Thank you to all of you up in the North East you make my job a lot easier.

John Lupton

Fantastic service, great communication throughout the process - a very happy customer!

Sean