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Purchase lease finance: what is a purchase lease

Lease Your Assets with the Option to Own

Finance Lease

What is Finance Leasing?

A Solution for Growth

A finance lease is similar to a loan agreement but with one major difference. With a loan, you pay for the asset in increments and at the end, you own the asset.

A lease is similar but gives you the option at the end of the agreement to hand back the asset, carry on renting or buy outright. Coates will purchase the assets your business needs for you and lease them back to you over a negotiated time period.

Finance Lease solutions offer affordable deposits with fixed monthly rental payments that allow you to buy the assets your business needs without having to find all the money upfront.

Coates Finance has a number of  finance leasing solutions across all sectors.  Our service is geared to help your business acquire the asset you need to grow.

Complete the form below to request a call back or call us today to access funding for plant machinery, vehicles or equipment.

Call Us Today for a FREE No Obligation Quote: 01904 948008

Or simply complete the form below and we will contact you

Is a Finance Lease the Right Option for Me?

Immediate Access to the Hard or Soft Assets Your Business Needs

A finance lease gives you immediate access to assets your business needs, without the hassle of a hefty upfront cost.

This ideal long-term solution for your business is brimming with benefits such as:

  • Low upfront costs
  • Fixed monthly payments
  • Customised payment plans that match your cash availability
  • No break in using your asset upon lease renewal, meaning no loss of business for you
  • Option to purchase the asset at the end of the lease term
  • Earn a portion of your money back if you choose to sell the asset
  • Affordable replacement of shorter-life assets
  • Offset VAT against the lease payments.
Purchase lease finance: what is a purchase lease
We can help you drive home with the right finance lease for business in only two days

Finance Lease Commercial Vehicles, Equipment, Plant Machinery And Tools

Here’s a list of some of commercial vehicles, equipment, plant machinery and tools that you can finance lease:

What You Need to Know About Leasing

Access to your Assets now and the Option to Own them Later

 A finance lease is an ideal solution for businesses who want to generate revenue with their equipment, without huge upfront costs. It gives you the option to own the asset at the end of the agreed-upon term.

It is great for spreading the cost of purchasing expensive equipment and machinery at a competitive rate of interest.

Equipment, such as IT products, are fast depreciating and are ideal assets to lease. You can ensure you always have the most up-to-date technology for your business with the option to update at the end of the agreement.

What Happens at the End of a Finance Lease?

When your finance lease with Coates comes to an end we will give you a few options:

  1. Renew your lease with us and continue to use your asset.
  2. Return the asset to us if it is no longer needed by or useful to your business.
  3. Pay a final payment amount and own the asset outright.
  4. Sell on your asset to a third party, creating revenue to further expand your business.

If you’re looking to fund your equipment, you can complete the short form below or request a call back today. Rent With an Option to Buy

Your Business can Rent or Purchase Equipment Outright at the End of the Agreement

Why use a Finance Lease for Business?

Our finance lease solutions offer affordable deposits, fixed monthly rental payments and the choice of either continued rental or outright purchase at the end of the agreement.

It is an ideal solution for you to pay for the use of your asset while it earns money for you and helps you grow your business.

A simple example might be: You buy cars to hire out to your customers for several years. 

You use a finance lease to purchase the cars and set the customer rentals to cover the monthly lease payments, your maintenance costs and your profit. 

This allows your business to grow without having to pay for the cars upfront when they need replacing. 

Let’s go over the key highlights of a finance lease:

  • Repayments to suit you – we can tailor your rental payments to your cash flow
  • Keep hold of your valuable capital – you get the asset quickly for a low initial payment
  • Choose to keep renting the asset at the end of the agreement or purchase the title to own it
  • Only pay VAT on the rental payments, not the purchase price
  • Offset your repayments against profits
  • Often no need for additional security as the finance is normally secured on the asset.
Why Use A Lease Purchase For Business?
What better way to buy your IT equipment than a finance lease?

Call Us Today for a FREE No Obligation Quote: 01904 948008

Or simply complete the form below and we will contact you

Choose a Flexible Funding Option

How to Apply for a Finance Lease

Partnering with us is a simple process. Here’s how you can apply to get your Finance Lease Funding within 48 hours.

To apply for a finance lease, there are a few requirements your business must have in place:

  • The applicant must be a limited company or limited liability partnership
  • The company must be based in the UK
  • The company must be clear of any county court judgements.

Financing leasing for business couldn’t be simpler. Pre-approval is only a few steps away. Just complete the application form below to find out if you qualify to work with us.

Our pre-approval process is quick and easy. Speak to one of our knowledgeable finance professionals to see how we can help your business.

Working With You to Grow Your Business​

Why Choose Coates Finance?​

Key benefits of working with us

  • Fast decision: Get a fast decision in 24 - 48 hours so you can spend more time growing your business.
  • Simple Process: Fill in our short, easy-to-complete application forms without the complicated jargon.
  • Personalised Solution: Obtain the right solution to your unique financial circumstance and raise the cash to purchase the assets you need.
  • Flexible amounts: Fund your growth with the £2000 - £500,000 that we can help make available for you to scale your business.
  • Specialised knowledge: Draw on our years of practical finance lease expertise in a variety of sectors to ensure you achieve your desired funding solution
  • Pay in instalments: Spread the cost of your purchases over a period of time that’s right for you from 3 months to 60 months
  • Full Transparency: We provide independent impartial advice about the products offered by a number of lending partners so you always get the best deal and the best rates.

Fast and Simple

Get your finance offer in 24-48 hours. Short, easy-to-complete application forms
Personal and Flexible
Raise the right amount with the right finance lease agreement to suit your specific circumstances

Release the cash you need

Fund your growth with the extra money that we can help make available for you

Specialised and Open

Draw on our years of practical expertise to guide you through the finance lease process

Get Started

Partner with Coates Finance

Here is what we need to get started

Fast Finance in 3 Easy Steps

Our friendly team of experts are waiting to assist you and your company.

We’ll help you finalise a solution that meets your needs, and take the hassle out of the decision-making process so you can spend more time on what matters to you most – growing your business.

We have streamlined the application process and made it simple to apply for the funding you need.

Complete the short form below and let’s get started today.

Complete the form below and speak to one of our knowledgeable business finance professionals, who will answer your questions and guide you through every step to a solution that works for you.

You can also give us a call if you need immediate answers to your questions. Our friendly experts will happily answer any questions you may have before you begin your application.

Call us on 01904 948008

Lines are open
9:00am – 5:30pm Monday to Friday
(excluding UK bank holidays)

3 steps to success

We'll Help you Every Step of the Way

Follow the simple 3 step process to finance your business today. Once you have completed the first step, we will arrange a call to answer any more detailed questions you may have and move quickly through steps two and three to get your financial requirements successfully approved.

01

Complete the Form

Complete the simple form below and apply online for the amount you need to grow your business

02

Receive Fast Approval

We will process your application and aim to get you approved for your desired amount in 24 – 48 hours

03

Get Funded

Congratulations!

Now you’ve been approved, you can acquire the assets for you require to grow.

Call Us Today for a FREE No Obligation Quote: 01904 948008

Or simply complete the form below and we will contact you

Let's Get Started

All you need to do is complete the form and submit your inquiry to get your no obligation quote today

  • Partner with one of the UK's leading asset finance providers
  • Get sector specific solutions from the "smartest people in the finance industry"
  • Apply in minutes and get a preliminary decision within the hour
  • Access funds from £2000 - £500,000
  • FREE tailored quotation with no obligation

Get your FREE business finance quote today

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Coates Asset Finance arranges funding for startups, small businesses and SMEs in the UK.

We deal with our customers on a personal level and ensure the best advice for your circumstances. Click here for more information About Coates Finance.

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