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Truck Finance - Sale and Leaseback
What is sale and leaseback?
In a changing business environment a leasing arrangement can free up the valuable capital locked up in your fleet, allowing you to invest in
your core businesss. This how sale and leaseback can help your business.
How does sale and leaseback work?
- We can arrange payment in cash for your fleet. Market vehicle valuations will be based on recognized industry guidelines or the written down value.
- The vehicles will then be leased back to you under an operating lease agreement, passing over the ownership and residual value risk of the fleet to the lender
Sale and leaseback benefits to business
- Access your working capital
- You can switch your whole fleet
- Remove vehicles from your balance sheet
- One easy monthly payment
- Managed fleet vehicle maintenance
- Eliminates your residual value risk
- Simple application
- Access discounts through our purchasing power
- Reduce administration