VersaLease - Lease Purchase & Finance Lease

VersaLease

VERSALIFT can offer through our finance partner, very attractive packages that can make it perfectly feasible to afford the vehicle and platform combination that you really want, for a very reasonable and affordable monthly fee.

Indicative typical weekly fee of £200
For an ET36NF plus options on a Ford Transit over 5 years

There are two key packages available:

1. Lease Purchase

A popular option that allows you to purchase the equipment outright, spreading the payments over the whole of the contract period. You would own the equipment and it would sit on your books as a capital expense, even though it is not paid for until the end of the contract.

Key features are that you own the platform and have something to show for your money as a piece of capital equipment. However, it must be remembered that the whole amount plus VAT is paid up front.

Lease Purchase Options

Finance Lease Options

2. Finance Lease

A very popular and cost effective alternative to lease purchase as described above. The key difference is that you do not own the machine throughout the life of the contract. Plus there are various payment options at the end of the finance period, such as balloon payments and residual vales. With the feature that at the end of the contract period the equipment returns to the finance company or alternative arrangements can be provided.

The key features of finance lease, is that the platform is not a capital expenditure, but what is commonly called 'off book'. This can assist with cash flow and you do not pay for depreciation.

For further information on these packages and others, please contact us so that we can arrange for an advisor to come in and discuss your specific requirements in more detail.

Any figures or indications given are subject to personal circumstances and specification of vehicle and in no way constitute an offer.