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This large UK law firm used sale and leaseback to save 9% on the cost of new laptops for their staff.
Security may be required and product fees may apply.
Sale and leaseback transfers ownership of your existing assets from the owner to Lombard. You then continue to use the assets, effectively leasing them from us for a monthly fee.
Using this process frees up cash for your business – and could help you more effectively measure the cost of buying, financing, maintaining and disposing of your assets.
When you sell your asset to us, the money goes straight into your cash reserves – ready for you to spend.
Leasing your old asset from us will fix your monthly payments, helping you plan your finances.
At the end of the agreement you'll have the opportunity to upgrade to new assets through contract hire.
Customers may be responsible for any maintainance or repairs due on thier asset. Contact us or see your contract terms for more details.