If you want to lease an asset but retain the option to own it at the end
of the lease period, then this is the type of product for you. It is often
referred to as “lease to own”.
Often a deposit is not required for this type of transaction and many different
types of assets from vehicles to fixed plant are acceptable. Flexible loan
terms and residual values are often negotiable.
The transaction is generally on balance sheet and businesses can claim interest
and depreciation for tax purposes – but as always we recommend you seek
professional accounting advice to ensure you have the appropriate tax treatment.
Email us at talktocrediflex@crediflex.co.nz
or call us on 09 445 0002 to find out more.
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