Why Finance Lease

Finance lease differs from Rental in three key areas.
1.Cost of equipment remains a capital cost, it is on balance sheet.
2.There is no real upgrade flexibility, to replace the equipment involves the pay-out of one transaction and the commencement of a second transaction.
3.The residual value of the equipment at the end of the term is agreed at the commencement of the transaction.

In all other aspects Finance Lease is the same as Rental.

 

 Finance Lease Calculator

   

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Finance on the Net Pty Ltd ABN 12 083 885 072 is a corporate authorized representative (no.361215) of The Salisbury Group Pty Ltd ABN 51 089 332 918, which is the holder of an Australian Financial Services Licence No 225379

Colin John Williams (authorized representative no. 361214 Is an authorised representative of The Salisbury Group Pty Ltd ABN 51 089 332 918 which is the holder of an Australian Financial Services Licence No 225379.

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