FAQ (Frequently Asked Questions)
What kind of equipment can
be leased?
You can lease almost anything, from equipment valued
at a few thousand pounds to assets worth millions. Sometimes
all of a factories equipment is leased, especially if
the business is new and starting up.
What is the lease rate or payment?
It is the regular "rental" payment you make
under the lease agreement to gain access to the asset.
The lease rate or payment is primarily determined by
the total cost of the asset, the duration of the lease
and the interest rate level.
What is the lease term?
The period of time you agree to rent the asset from
the lessor. It is basically like any contract, it has
a start date and an end date.
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Asset
Financing Guide
