Finance Lease

Why choose our Finance Lease?

Under a finance lease, BOQ Equipment Finance Limited will purchase your business equipment and lease it to you for a fixed term. Once the term ends, you can choose to purchase or return the equipment.

Benefits and features

Maintain your working capital with a finance lease, where you can make regular repayments over a fixed term to lease your business equipment.

Equipment leases can cover machinery, computers, cars and any other equipment that you may need to run your business.

• Immediate access to your business equipment once purchased
• No additional security is required - apart from the asset itself
• Rental payments can be tailored over the term of the agreement
• Fixed repayments over a set term - for easier cash management and budgeting
• Repayments may be tax deductible - seek independent taxation advice on your circumstances

Considerations

Is a Finance Lease right for you?

There may be more advantages to owning the asset and claiming depreciation where the goods attract a high depreciation rate. If you wish to own the asset at the end of your term, our hire purchase loan may be more appropriate. It may be worthwhile seeking independent taxation advice to see what the best option is for your business.

Important information

For important information on Equipment and Vehicle Financing, view our Terms and Conditions below.

Ready to apply?

Whether you’re ready to apply or you’d like to know more, one of our business specialists will be happy to help and provide more information.