Why use Lombard as your HGV finance provider?
Experience in the sector – With extensive knowledge of lease agreements for commercial transportation businesses, our team is ready to help your venture.
VAT and Capital Allowance benefits – Capital allowances may let you offset asset costs from your taxable profits. You also only pay VAT on lease payments.
Flexible repayments – We could make sure your payment plan directly responds to your business cash flow and needs.
Flexible end of term arrangements – At the end of your HGV leasing term, return the asset for resale, lease it again or sell it to a third party on our behalf.
Proceeds from the asset resale – If you decide you don’t want to lease the asset again and the asset is sold, you will get a portion of the resale value back.
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.
Large vehicle Finance Lease with Lombard
When you agree to a large vehicle Finance Lease, we purchase the asset and rent it out to you. Our Finance Lease solution can be used for: all coaches and buses, HGVs over 3.5 tonnes gross vehicle weight and different types of commercial trailers. Lombard Finance Lease offers a payment plan tailored to your business criteria and after the end of the lease term, you receive an agreed percentage of the vehicle’s resale value as you don’t own it.
Customers may be responsible for any maintenance or repairs due on their asset.
Is large vehicle Finance Leasing right for my business?
Lombard Finance Lease is an option for businesses, so we support all kinds of ventures from small, family owned companies right up to nation-wide transport operators.