A lease provides greater value to clients who want to acquire items which have a long life and do not become obsolete after a short period of time. Usually items such as cars, plant equipment and office equipment are leased.
No initial capital outlay is required as payments are on a monthly basis until the end of the term. This means you can benefit from the items usage, while having working capital saved up for a rainy day. At the end of the agreement users have the option of offering to purchase the goods at fair market value.
Preparing accurate budgets becomes easier because of the fixed monthly payments. Knowing exactly how much users will be paying each month makes it easier to plan, something not guaranteed by loans with variable rates. If the item is being used solely for business purposes the monthly payments may be tax deductible.
Alliance Equipment Finance will help users choose the finance option to suit their needs. Alliance E-Finance service does not end at contract settlement, it only begins there. Alliance will deliver throughout contract and asset management phases of each contract.