The asset finance solution you choose will depend on your circumstances.

We’ve listed some of the questions that will help you to arrive at the best answer. You may also want to consider:

  • Your overall attitude to tying up large amounts of capital in fixed assets, versus the flexibility of leasing them.
  • How your choice impacts on your cash flow and working capital.
  • The tax and VAT treatment which will generally apply to the different types of the asset finance products. Please seek specialist advice on VAT and tax relating to your business.

Security may be required and product fees may apply.

Lombard Technology Services products may result in a mix of the statutory operating and finance lease features.

Questions Finance Lease Hire / Lease Purchase Operating Lease Aviation & Marine Mortgage Contract Hire Contract Purchase
Will we own the asset? No Yes Possible Yes No Possible
Does this route preserve capital? Yes Yes Yes Yes Yes Yes
Is the asset off-balance sheet? (1) No No Yes No Yes No
Can I have a fixed term agreement? Yes Yes Yes Possible Yes Yes
Can the term be extended? Yes No Yes Possible Possible Possible
Can I have a fixed or variable rate? Yes Yes Possible Possible No No
Will the future rental be linked to the future of the asset? No No Yes No Yes Yes
Will the agreement be made on demand? No No No No No No
Will additional security be required? Possible Possible Possible Possible Possible Possible

(1) Classification as off-balance sheet funding is subject to auditor’s approval.

Contract hire facilities offered by Lombard Vehicle Solutions, provided by ALD Automotive Limited.
Registered in England No. 987418.
Registered office: Oakwood Park, Lodge Causeway, Fishponds, Bristol BS16 3JA

Assets you can fund with Lombard

Security may be required and product fees may apply.