Volvo Financial Lease - Flexible and tax efficient financing
Finance Lease is a flexible and tax-efficient way to fund machines without having to draw on capital reserves.
It is ideally suited if the writing down allowances on a purchase are not efficient, as the tax relief for the Finance Lease is more aligned with accounting treatment. Over the life of the agreement, a finance lease could provide earlier tax relief compared to a purchase.
In addition, by adding a final lump-sum payment (a balloon) into your agreement, it is possible to drastically reduce monthly outgoings. And at the end of term there are two attractive options - choose to extend the agreement for just a nominal secondary rental fee, or benefit from the majority of net sales proceeds.