What is a Full Payout Lease?
The Full Payout Lease is a standard finance lease. It differs from the FMV Lease in the following ways:
- There is no option to purchase the equipment at the end of term
- Rentals are based on the full equipment cost with no residual value assumed
- There is no potential to take the assets off balance sheet
Why would a Finance Lease suit your business?
- If you require on balance sheet accounting
- If usage rather than ownership is important to you
- If your asset requirements are restricted by your available spend
- If you want to manage your budgets effectively over time
| Features |
Benefits |
- On balance sheet accounting
- No purchase option at the end of term
- SMGFS retains ownership of assets
- Upgrade flexibility
- Fixed or variable rate financing available
|
- Cost spread over lease term
- Ease of budgeting
- Reduced rentals at end of minimum term
- No disposal worries – risk of ownership remains with SMGFS
|
OTHER SMGFS PRODUCTS
