Operating Lease

Operating lease, often described as a rental agreement, is a popular finance option for:

Rentals are based on depreciation rather than capital cost and as such are usually lower than finance lease or hire purchase.

Operating lease is suitable for organisations that want to acquire new equipment using their service and repairs budget such as LEA schools, academy schools and universities.

Benefits of Operating Lease

  • Reduced cost compared to buying outright
  • Currently accounted for as off balance sheet
  • Fixed depreciation and interest payments
  • Simplified budgeting and calendarisation
  • Cash-flow efficient
  • VAT & Corporation Tax efficient
  • Maintenance options

Choosing the Supplier

You can choose your own supplier and we will base the rentals on their supply price and specification.

Alternatively, please ask if you need a supplier as we can usually introduce you to one we’ve worked with before.

Minimum Cost

Our lower lending limit is £10K plus VAT.

Simple to Arrange

The process is simple.

  • Contact us today for a written quotation.
  • If you decide to go ahead, we will help you through the application process and link up with your chosen supplier.
  • We can work to tight deadlines and if necessary complete the process in 48 hours.

Contact us Today

It costs nothing to talk so telephone us today or complete the following contact form and we will call you.

Request a Quote

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From business Hire Purchase to Operating Lease we can help

Completely Satisfied

We want you to be completely satisfied with the service we provide and the business finance we arrange.

We don't charge up-front fees and any costs for the asset finance you choose will be clearly stated on your quotation.

You can ask for a quotation or advice and there's no commitment unless you decide to go ahead.

The process is simple and straightforward and can usually be handled by telephone, post and email.

Let us call you

Industry Associations

MEDILINK
EIA
10 YEARS

Call us today on 03300 580151

info@telelease.com

Address

3 Brindleyplace
3 Brindleyplace
Birmingham
Birmingham, United Kingdom
B1 2JB
B1 2JB