Specialists in car sourcing and funding for private individuals and business users.

Business Finance Lease (FL)

Applicable to Sole Traders / Partnerships and Limited Companies



Key Features

  • Able to fix monthly costs and the final payment to suit your business needs
  • Excess mileage charges are not applicable at the end of the contract
  • Vehicle inspection for damage is not applicable at the end of the contract
  • Recoverable VAT and Corporation Tax benefits*
  • Benefit from our buying power in the form of low monthly rentals

About Finance Lease

Finance Lease is a tax efficient finance product where you pay the entire cost of the vehicle, including interest charges, over an agreed lease period.

It is a popular funding option for vehicles where a business customer wishes to remove the risk of end of contract damage charges or excess mileage charges.

With Finance Lease monthly rentals are fixed and can be reduced through the use of a final "balloon" payment. This balloon payment is set at the start of the contract in line with the expected value of the vehicle based upon your length of contract and mileage needs.

When taking a Finance Lease contract you take responsibility for the resale of the vehicle at the end of the contract. As this is purely a funding product and not a purchase product, you will never own the vehicle, however you do receive 98% of the resale proceeds. These proceeds are typically used by our customers to offset the final balloon payment meaning you will experience any benefit or loss from this process.



Additional Features

  • The vehicle appears off 'Balance Sheet' as it is owned by the leasing company
  • Road Fund Licence is provided for the first 12 months of the contract, after that the funder will continue to organise the RFL for you and then recharge this

Things To Remember

  • You will not own the vehicle at the end of the contract
  • The vehicle must be sold to a third party at the end of the agreement
  • There are operating risks associated with running the vehicle i.e Maintenance costs
  • You must have a fully comprehensive vehicle insurance
  • If the contract is ended prematurely for any reason, there will be charges for any damage over and above as stated in the 'BVRLA Fair Wear and Tear Guide'.


For more information about the benefits and suitability of Finance Lease for your business we recommend that you speak to us.

*Subject to your VAT status


Professional Vehicle Solutions Ltd is Authorised and Regulated by the Financial Conduct Authority under FRN 660146 and is a Credit Broker not a Lender.