Lendrive Finance offers business Finance Lease. A Finance lease is a type of a rental agreement where firstly, the Lender (Financier) buys the Asset on your behalf. Then, the Financier leases the asset to you, thereby giving you complete usage rights to the asset.
Additionally, Finance lease allows for a predetermined rental commitment and also, a residual value at the end of the term. This allows individuals and business owners to manage their financial commitments. Finally, at the end of the term, Finance lease allows you to-
Pay off the residual and own the asset outright, Re-lease the asset, or Trade-in, buy a new asset and start another lease.
Here at Lendrive, we can help you compare and choose the finance product which suits your needs. If you are considering Finance Lease for your next asset purchase, or you seek more information to make that decision, reach out to us for a free consultation.