For companies wishing to retain
the use of their vehicles, yet generate capital from their
sale, whilst transferring to a VAT – beneficial funding
method. If a company currently owns its vehicles, this option
means the finance company will purchase the vehicles for an
agreed price and lease them back using either Contract Hire
or Finance Lease, according to customer preference. Turning
company cars into company cash!
The benefits of Sale and Leaseback:
Road fund licence included for the full contract length
Release the equity tied up in your existing fleet
Negate the residual risk
Moves the fleet off the balance sheet
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