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Since only a first rental is required to start a finance lease, it is the ideal way
to expand your business without reducing your capital.
What is it?
- The long term hire of a piece of equipment where the lessor (Volvo Construction
Equipment Finance) allows the lessee (operator) to use the equipment for an agreed
period.
- Rentals are tax deductible.
- Finance lease is accounted for 'on balance sheet'.
- The lessee purchases the equipment at the end of the agreement and can therefore
benefit financially from careful maintenance of the equipment.
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