How does financial leasing work?

What is financial leasing?

Financial lease is a popular form of financing for companies that do not want to make an immediate large investment in a company car. With this form of lease, you take a company car into use for a fixed period at a fixed monthly amount. During the lease period, the leasing company remains the legal owner of the vehicle. After the end of the lease contract and full payment, the car becomes your property. This gives entrepreneurs the flexibility to maintain their working capital while still benefiting from a modern fleet of vehicles.

With financial lease as an entrepreneur, you can use the company car immediately without having to put down a large lump sum. This offers an ideal solution for growing companies looking to expand their fleet without jeopardising their liquidity. During the lease period, you enjoy the benefits of the vehicle, such as increasing your business productivity, while managing your finances efficiently at the same time.

What are the benefits of financial leasing?

Financial leasing brings a number of key benefits to businesses. First, it does not require a large initial investment, leaving your capital available for other important business activities. This is particularly attractive for the self-employed and SMEs, who often need to be flexible with their budgets.

Moreover, the monthly lease costs are fixed, allowing you to budget better and avoid financial surprises. Another advantage is that the lease costs are tax deductible, which can offer tax benefits. At the end of the lease period, you have the option to take full ownership of the company car, which can be an attractive option for companies looking to expand their fleet in the long term.

How is financial lease different from operating lease?

Financial lease and operating lease are two commonly used forms of lease, but they differ in a few important ways. With financial lease, the company car eventually becomes your property, while with operating lease, the leasing company retains ownership. This means that with operating lease, you return the car to the leasing company after the lease period.

Another difference is in maintenance responsibilities. With financial leasing, you are responsible for the maintenance and repairs of the car yourself, while with operational leasing this often lies with the leasing company. Also, financial leasing has a direct impact on your company's balance sheet, as the car is considered an asset. Operating lease, on the other hand, is often kept off the balance sheet, which can be more financially beneficial for some companies.

Which commercial vehicles are available for financial lease?

With us, you can choose from a wide range of commercial vehicles available for financial lease. Whether you are looking for a compact van such as a Volkswagen Caddy or need a larger BE combination, there is always a suitable option available. We have more than 400 commercial vehicles in stock, meaning you can quickly hit the road with a vehicle that suits your specific needs.

When choosing a commercial vehicle for financial lease, it is important to consider factors such as payload, fuel consumption and any customisation options. Our modern workshop offers the possibility to customise vehicles with accessories such as sidebars, rims and navigation systems, so you will always have the perfect vehicle for your business activities.

How does the application process for financial lease work?

The financial lease application process is designed to be quick and easy, so you don't have to wait unnecessarily. It starts with a credit assessment, where we look at the financial health of your business. After this, you gather the necessary documents, such as your annual figures and proof of identity, to complete the application.

Once the application is submitted, we aim for a quick approval, so you can be behind the wheel of your new commercial vehicle within a short time. Our team is on hand to guide you throughout the process and answer any questions you may have. Our aim is to make applying for a financial lease as smooth as possible, so you can hit the road without any worries.