Finance Lease
This is an option for leasing 100% of the value of the vehicle and has the facility to offer you ownership at the end of the lease. You lease the vehicle and fully maintain the vehicle.
The benefits to your business of a Finance Lease are:
- You can negotiate the duration (Up to 5 years)
- You can negotiate the size of the payments
- Payments are set at the beginning of the term and won’t change over the term of the lease as the interest rate is fixed for the term of the lease
- Depreciation is tax deductible
- Ownership can transfer after the transaction is completed
Operating Lease
An operating lease is similar to a finance lease except that the lease payments include all of the maintenance. Bee Finance has the flexibility to create a leasing package that suits your business.
The benefits to your business of an Operating Lease are:
- All the benefits of ownership without the risks, costs and hassles
- Easier and more accurate budgeting and reporting
- Simplified administration that saves time and money
- Tax-deductible lease payments
- No capital tied up in vehicles
- No risk of losing money on resale
- Optional replacement vehicles provided free of charge in the event of accident, theft or mechanical breakdown
- Comprehensive maintenance and servicing options
Bee Finance also offers other types of leases:
- Non-maintenance lease
- Sale and Leaseback
- Consecutive Lease
- Truck Lease