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Operating Lease

A facility which offers both cash flow benefits and matches the lease term to your projected utilisation of the equipment.  As we take a residual value investment in the equipment, the rentals will be lower as they are based on the cost of the equipment less the residual value.  Operating Lease is a facility which is particularly suited to equipment which you may want to upgrade regularly to ensure that you are using the latest technology.

At the end of the lease term you simply return the equipment to us and enter into a new agreement for the next generation of equipment.

Key benefits:

  • Cash flow certainty through fixed rentals
  • Off balance sheet facility
  • Rentals fully allowable against taxable profits
  • Return equipment at end of lease term with no hidden extension terms
  • Match usage of equipment to lease term.


 

Testimonials

When it came to putting together the finance for the Sony camera deal, the decision to use Paragon Bank Technology Finance was as much about people as numbers. Paragon Bank Technology Finance has a very good relationship with Sony, as authorised finance partners to Sony’s Financial Services, but it also has a very good relationship with us, which was very important.

Doug Urquhart
MD, Electra TV

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