Fleet management

Operating lease

Operating lease is a non-maintained leasing product.

What is operating lease

What is an operating lease?

An operating lease allows you to lease a vehicle but without the maintenance included. It is a very popular way to fund your vehicle fleet with fixed monthly costs so you can budget accurately and control you own maintenance. Contracts range from 12 to 84 months and are tailored to business requirements.

Features and benefits of an operating lease

Allows fixed monthly rentals throughout your contract, enabling you to budget accurately and to smooth out your cash flow.

Control your own maintenance budget.

Enables off balance sheet funding for most small and medium sized businesses, so you can release capital for use elsewhere. This means you can include 100% of the rentals in your P&L as a charge against gross profits, before corporation tax is levied.

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03454 600 601