Finance Lease

What is Finance Lease?

If your business relies on equipment that needs to be upgraded regularly then a finance lease is the answer. Whether you normally rent, buy or wish to refinance existing assets, it is a cost-effective way of utilising the assets without ownership whilst still being able to add them to your balance sheet. You have several beneficial options at the end of the initial term including retaining use for a peppercorn rental, part exchanging or selling on our behalf for pre-agreed refund of sale proceeds.

How It Works

You decide what equipment you want to purchase.

We purchase the equipment on your behalf.

We lease the equipment to you on fixed and minimum agreed terms.

You pay agreed manageable monthly payments to us.

At the end of term there are several options available to suit you.

What are the benefits?

As well as being a cost-effective way to fund vital assets, without an upfront cost, there are many benefits to a finance lease.

  • Protects your cashflow by spreading the cost of equipment.
  • Helps budget management with fixed payments over an agreed term.
  • Funding available for all types of equipment from small to large.
  • Can be reflected as an asset owned by the business on the balance sheet.
  • VAT payments can be spread over the life of the agreement.
  • Reclaim VAT and offset repayment interest against profit.
  • Release equity by refinancing assets to use how you choose.

Who will Finance Lease help?

  • Businesses looking to acquire new equipment.
  • Companies that rely on regular equipment upgrades.
A hand holding a cheese wheel over a basket full of cheese wheels

Cheese manufacturer accelerates production

"Securing this equipment means we can accelerate our production, increase the amount of cheeses we supply and continue to focus on developing new varieties of cheese for our customers in the future".

Headshot of Time Finance's CEO Ed Rimmer

Ed Rimmer appointed as permanent CEO of Time Finance

Ed brings with him a wealth of experience having built a highly credible career over the last 25 years in the financial services industry.

Headshot of Rebekah Middleton

Latest News

Rebekah brings to Time Finance over 20 year's experience and takes responsibility for developing the hard asset new business drive from both broker-introduced and direct opportunities.

Time Broker Finance Limited, Time Vendor Finance Limited and Time Hard Asset Finance Limited are authorised and regulated by the Financial Conduct Authority, under firm reference numbers 714705, 628891 and 707542, for consumer credit activities. Registered office: Second Floor, St James House, The Square, Lower Bristol Road, Bath BA2 3BH. Registered in England with Company No. 03681755, 02112280 and 05834586. Asset Finance Leasing and lending to limited companies is not regulated by the Financial Conduct Authority.