Sale and Leaseback is a recognised piece of financial engineering designed to release capital locked up in company vehicles. These funds can then be released for more efficient use in core business activities. In addition to a sizeable cash flow injection, clients retain the full use of their existing fleet under an agreed contract hire package. This product removes the car fleet from the balance sheet, freeing businesses from the volatility and financial uncertainty surrounding vehicle depreciation.
The benefits include:
Release of capital which can be used elsewhere in your business
Reduced internal administration costs
Accurate cash-flow forecasting from fixed monthly payments
No risk on residual
No risk on maintenance if taken on a full maintenance contract
No hassle with disposal of vehicles at the end of the contract