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Lease

New assets for business development

Get the latest technology, plant and equipment with low initial outlay. A finance lease is offered to businesses where a moveable asset is being purchased from a supplier.

The value of any tax benefits to you depends on your individual circumstances, the Law and Her Majesty's Revenue & Customs (HMRC) practice, which are subject to change. Terms and conditions apply.

Benefits
  • Choose a payment option that works for your business
  • You receive a proportion of the final sale of the asset at the end of the agreement.
  • Personal attention from a relationship manager
  • You can recover the VAT on each rental if you are VAT registered
  • Capital allowance benefits are reflected in the rentals
Important information
  • Interest rate
    • Interest rates – may be individually negotiated and the amount you are charged will depend on your circumstances – speak to a relationship manager for more details
  • Interest type – fixed or variable rates
  • Interest calculated
    • Fixed – calculated at inception
    • Variable – calculated daily
  • Minimum term – 6 months
  • Maximum term – negotiable
  • Costs
    • Documentation fee – negotiable and paid at the outset of the transaction
    • Fees and charges – may be individually negotiated and the amount you are charged will depend on your circumstances – speak to a relationship manager for more details
  • Terms and conditions
    • Capital allowances are claimed by the Bank
    • Sharing of proceeds from the asset sale – negotiated with a relationship manager
    • Full terms and conditions are available on request
Additional solution

Business enquiries

Business lending

Solutions for new & existing customers. All loans subject to status and eligibility.

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General enquiries
Call us on
0800 032 3971

Monday - Friday 8.00am - 6.00pm


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