| finance lease |
operating lease |
contract hire |
| Funder owns |
Funder owns |
Funder owns |
Fixed at start or variable rate above base |
Fixed payments for term |
Fixed payments for term |
| On balance sheet |
Off balance sheet to improve key ratios inc. gearing |
Off balance sheet to improve key ratios inc. gearing |
| No large deposit |
No large deposit |
No large deposit |
Though never owned can earn a % of sales proceeds |
No residual value risks
|
No residual value risks
|
More tax efficient than Annual Investment Allowance |
Ideal for a crusher on a specific contract |
Ideal for a crusher on a specific contract |
|
Can increase agreement length |
Can increase agreement length |
| |
Operator covers maintenance |
Maintenance included |
| |
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