Improve cash flow and control asset risks
Do you need specialised or high value assets in your business? Then an operating lease could be the answer - with Lombard retaining ownership. This means you can use it for as long as you wish, but without writing the depreciation on your balance sheet.
Operating lease benefits
- Simple budgeting - a fixed, monthly cost allows you to use the asset straight away
- Improve cash flow - we factor in the asset's residual value, so reducing your payments
- Flexibility repayments - we can tailor the rentals in line with your seasonal cash flow
- Off-balance sheet - check with your auditor about this business advantage
Assets you can finance with hire purchase
Lending Warning
If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating.
