Flexible finance to suit your business needs and budgets

Full Payout Lease

Security may be required. Product fees may apply. Finance is only available for business purposes.

What is a Full Payout Lease?

A Full Payout Lease is an agreement between you (the lessee) and Lombard (the lessor), where you can obtain the right to use of an asset in exchange for pre-agreed regular payments. 

When most of the risk and rewards are transferred to the lessee this is classified as a Full Payout Lease. Although the legal title remains with Lombard you are in effect financing the lessee’s purchase of the leased asset.

Do any tax treatments apply?

If a qualifying vehicle is used for business purposes and you are VAT registered (special rules apply) you may be able to recover some of the VAT applied to the lease rentals. In specific businesses the lease rental VAT may be 100% recoverable.

Tax reliefs referred to are those applying under current legislation which may change. The availability and value of any tax reliefs will depend on your individual circumstances

Customers need to insure and maintain the asset. We can not say for definite whether a particular tax treatment will definitely apply. Contact us or see your contract terms for more details.

Why choose a Full Payout Lease?

Customers may be responsible for any maintenance or repairs due on their asset. Contact us or see your contract terms for more details.

Flexible repayments

We’ll work with you to create a payment plan tailored to your business and cash flow needs.

Flexible end of term options

Return the asset to us for resale,
sell it to a third party on our behalf,
or continue to lease the asset.

Get a portion of the sale value

At the end of the term, we'll give you a fixed percentage of the proceeds from the resale of the asset.

Get in touch

To discuss Full Payout Lease in more detail you can contact one of our specialists who will be able to give you expert advice depending on your individual needs and tailor a funding plan to your business requirements.

Frequently asked questions