A financial lease is a well known and often used financial aid for professionals and corporations. Financial leases are most often undertaken to purchases motor vehicles and business equipment.
The lease allows the business/individual the use of the leased goods for a set agreed upon term. The ownership of the goods remain with the lessor until all of the agreed payments have been made, including the final payment for the residual value of the goods.
The finance lease is typically paid on a monthly basis determined by the purchase price of the goods plus the GST (usually calculated into the monthly repayments). The final residual payment can be determined by the lessee.
Please contact GPMG for more details on how you can benefit your business with a finance lease. |
