With an Operating Lease, the ownership of the asset remains with Gough Finance & Insurance, you enjoy the use of it.
About Lease
An Operating Lease is ideal when a machine is required to fulfill the needs of a set term contract or a specific requirement. You may lease the machine and return it to us at the end of the period when the machine is no longer needed.
Features Assets remain off balance sheet Payments are fully tax deductable Lease up to 100% of machine value Remove risk of ownership Diversify funding sources Incorporated maintenance and insurance payments Operating costs are fixed.
| | Benefits Balance sheet ratios are improved/preserved Possible reduced tax exposure Enhance earning capacity without capital contribution Return on completion & consider replacing machine to suit future work requirements Gain benefit of new technology through periodic plant replacement Existing banking facilities remain unaffected by an operating lease One single payment amount Reduced administration costs.
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