Lease Hire

The current economic climate has prompted many businesses to consider new ways of raising cash and reducing costs. Although often overlooked, changes to the finance and management of the company car or van fleet can represent a great opportunity to help meet these objectives.

A purchase and leaseback scheme, as described by Mike Shaw of Telelease, has several advantages. At the stroke of a pen organisations can release the equity in their vehicles, remove the burden of fleet management, tidy up their balance sheet and fix their future operating costs. For many it’s an ideal solution.

And it’s so easy to arrange once suitability is established.  The first step is to gather some basic vehicle information, agree the basis of the purchase price and compile the figures.   Following acceptance of the resulting proposal, the fleet can then be purchased and the onerous duties associated with fleet management become a thing of the past, plus there’s an immediate cash injection back into the business.

To lease or not to lease, that is the question.

Contact your local Accredited Partner for more details.

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