Explore New Horizons With Coast

Finance Lease:
Maximise Your
Assets Potential

Finance Lease2024-09-11T07:56:19+00:00

Unlock the Benefits
of Finance Lease
with Coast

At Coast, we offer finance lease solutions designed to help your business acquire and use high-value assets without the upfront costs of ownership. With a finance lease, you can enjoy the benefits of utilising the latest assets while managing your cash flow effectively. Our flexible leasing options allow you to match payments with your asset’s revenue-generating potential, giving you the financial freedom to focus on growing your business. Our seamless application process, competitive rates, and personalised service ensure your business can grow and thrive with confidence.

Ready to take the next step?
Get your free no-obligation quote today!

What is the Coast difference when it comes to Finance Lease?

Extensive asset knowledge

Unlike a number of financial companies, where we are part of Dawsongroup plc, our team have in-depth knowledge of a wide range of commercial assets. This knowledge of the assets and their use cases allows us to propose the best possible solution for every business.

Multiple trusted lenders

We know that no two businesses are the same and may require different approaches to asset finance. This is why we have developed robust relationships with a variety of trusted lenders, to ensure we are best positioned to support all of our customers requirements, regardless of how unique they are.

Personalised service

From the moment you engage with Coast, you will be supported by one of our experts every step of the way. We take the time to understand your unique asset requirements to ensure we can offer the best possible finance solutions in the quickest, most efficient way possible.

Time not on your side?

No need to panic, use our finance calculator for an indication on what your monthly repayments could be for your business-critical assets.

Coast Finance Calculator

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Months: 36

Breeze Through The Finance Lease Process

We know how important time is when running and operating a growing business. This is why we have made our hire purchase process both quick and easy to complete so that you can focus on what matters most – running your business.

Step 01

Tell our team what your business needs funding for.

Step 02

Our team searches the market to find the best possible quote to match your business’s needs.

Step 03

We manage a general credit review with the chosen partner to obtain a credit facility approval.

Step 04

Pending credit facility approval, we ensure all the necessary documents are provided & signed.

Step 05

You walk away with the asset needed to help your business grow!

Finance Lease FAQs

What is a finance lease?2024-08-16T12:53:26+00:00

A finance lease is a rental agreement where a business leases an asset for most of its useful life. At the end of the lease term, the lessee usually has the option to purchase the asset at a residual value or return it.

How does a finance lease differ from an operating lease?2024-08-16T12:53:39+00:00

Unlike an operating lease, a finance lease typically covers most of the asset’s useful life and includes the option to buy the asset at the end of the term. Operating leases are shorter-term and do not generally include a purchase option.

What are the benefits of a finance lease?2024-08-16T12:53:50+00:00

Benefits include spreading the cost of the asset over its useful life, preserving capital for other investments, and potential tax advantages through deducting lease payments.

What types of assets can be financed through a finance lease?2024-08-16T12:54:00+00:00

Finance leases can be used to finance a wide range of assets, including vehicles, machinery, IT equipment, and commercial property.

How do lease payments work in a finance lease?2024-08-16T12:54:11+00:00

Lease payments are typically fixed and spread over the lease term. Payments can be structured to align with the asset’s revenue generation, making it easier to manage cash flow.

Can I customise the terms of a finance lease?2024-08-16T12:54:36+00:00

Yes, finance lease terms can often be customised to fit your business needs, including lease duration, payment schedules, and end-of-lease options.

What happens at the end of a finance lease?2024-08-16T12:54:54+00:00

At the end of the lease term, you usually have the option to purchase the asset at a predetermined residual value, renew the lease, or return the asset.

How does a finance lease affect my company’s balance sheet?2024-08-16T12:55:06+00:00

The asset and liability are recorded on the balance sheet, which may affect financial ratios. However, it provides a clear view of the asset’s value and associated obligations.