Sales & Leaseback
In this instance, the company retains the use of the vehicle / fleet they currently own, FML would then agree to purchase the vehicles from a company at a reasonable market price.
A contract is created to cover administration, maintenance and disposal costs, for the rest of the vehicles efficient lifetime. This essentially means that a lease agreement now exists, one which is tailored specifically to suit your company’s financial requirements.
Benefits of Sale & Leaseback
- Vehicles are purchased by FML in an easy and straight forward transaction process.
- Releases vital company capital for other important resources - improving cashflow.
- Removal of company vehicles from the balance sheet
- Offers all the benefits of Contract Hire
If you would like any more information on the services we provide, please contact us to discuss your requirements.