FNA UK Supported Lease Rental
- Competitive deposits available (subject to credit status)
- Affordable monthly rentals over 12 or 24 months
- Flexible end-of-term options (including ownership transfer)
- Potential tax benefits – payments may be deductible against Corporation Tax*
- Equipment is covered by a full guarantee for the lease duration
What is a ECO Lease?
- An ECO Lease is a type of commercial equipment lease available only to businesses – not to private individuals.
- A lease facility allows a business to acquire high value equipment without having to part with the large capital outlay which can impact on the businesses cash flow.
- The business agrees to make fixed monthly payments over the agreed fixed period of 1 or 2 years. VAT is charged each month at the prevailing rate and NOT paid upfront based on the capital amount.
- As the leasing company is not lending money, an APR does not apply.
- Payment to the supplier of the equipment is usually by Bank Transfer (BACS) within 7 working days after confirming that the equipment has been installed and operating to the customer's complete satisfaction.
- At the end of the lease period the equipment may be transferred to the customer (secondary purchase payment) for a nominal payment which is agreed at the end of the lease.
Benefits to the Client
- Cash Flow Friendly – Immediate use of the equipment without the large capital outlay. The working capital is retained for more profitable use within the business.
- Allows a business to benefit from the latest energy saving technology and to reduce CO2 output.
- Flexible Deposit – Special flexible arrangements.
- Fixed Payments – The monthly payments are fixed for the full duration of the lease yet the earning or saving potential is not. Monthly payments are guaranteed not to increase regardless of interest rates fluctuations which acts as a hedge against inflation.
- Credit Line – Leasing provides another credit line in addition to High Street banks.
- Tax Relief – Lease payments are typically considered eligible for tax allowances for the full duration of the lease. The repayments are treated as a trading expense and are therefore 100% tax deductible unlike most other forms of finance. The rate of tax allowance will depend on individual corporation tax figures.*
Benefits to the Distributor
- Credit Line – Leasing provides another credit line in addition to High Street banks.
- Low Financial Risk – Deposits are collected upfront – ensuring immediate cash flow and profitability.
- Faster Sales Cycles – Leasing may help close deals more quickly by reducing cost barriers for customers.
- Energy Efficiency & Environmental Impact – Promote greener solutions that help clients cut their energy usage and emissions.
- Simple, Transparent Pricing – Fixed-term lease payments that stay constant – making cost comparisons straightforward.
Essential Information
- All lease figures are subject to VAT and status.
- All lease transactions are subject to a documentation fee.
- All lease transactions apply to the UK Mainland and Northern Ireland only.
- Ownership of the equipment may be transferred at the end of the lease period (via a secondary payment).
- Other options at the end of term include the return of the equipment or a continuance of the lease on reduced terms.
FNA UK (Compressors) Limited are authorised and regulated by the Financial Conduct Authority as an Introducer Appointed Representative (IAR) of Kennet Equipment Leasing, FRN: 971162 for the purposes of Secondary Credit Broking. FNA UK (Compressors) Limited introduce business to Kennet Equipment Leasing Limited, who facilitate the finance. Kennet Equipment Leasing Limited is Authorised and regulated by the Financial Conduct Authority FRN 676024. Kennet Equipment Leasing Limited is an authorised Credit Broker and Lender. Kennet work with a panel of lenders.
* Tax relief is dependent on your circumstances. For tax advice, please speak to your Accountant.
* Tax relief is dependent on your circumstances. For tax advice, please speak to your Accountant.
