A finance lease is an agreement whereby the owner of an asset leases the possession and use of that asset to you for an extended period of time, most commonly years.
Repayments can be aligned with the pattern of your cash flow, in agreement with your account manager during the negotiation of the lease. This way you can leave core funding requirements unaffected by a new acquisition. Let it earn its own keep, and then use the growth margin to acquire the use of another asset. This allows you to grow much faster than the competition by conserving your earnings that would otherwise have purchased assets outright before they’ve even proven their worth.
Not only this, but rentals are normally tax deductible, making this a tax-efficient way to fund your business. So it’s a win-win!