F
Asset & Equipment Finance
Operating Lease
Use assets without ownership, with the option to return or upgrade them at the end of the term.
Loan Range
£1,000 – £5,000,000
Terms
1 – 5 years
Decision
24–48 hours
Ownership
Return or upgrade
Key Features
- Shorter-term rental
- Return asset at end
- Upgrade options
- Off-balance-sheet treatment
Use Cases
- IT equipment
- Vehicles
- Technology that needs regular upgrading
Eligibility Criteria
UK registered business
Asset identified for leasing
Documents commonly requested
- Recent business bank statements
- Latest filed accounts and current management information
- Identification and business ownership information
- Evidence supporting the funding purpose
- Property, asset, invoice or contract information where relevant
The exact list depends on the facility and lender. Documents are requested only when relevant to the application.
Important considerations
- Compare the total cost, not only the headline rate
- Understand arrangement, valuation, legal and exit fees where applicable
- Check how repayments affect business cashflow
- Review security, debenture and personal-guarantee requirements
- Consider early repayment and default provisions before signing
How it works
- Tell us about your funding need
- We compare the whole-of-market lender network
- Receive competitive offers tailored to you
- We manage the application to completion
Why use FinanceMyCompany?
- Whole-of-market lender access
- Transparent, fee-clear advice
- Dedicated finance specialist
- Fast, straightforward process
Operating Lease — Frequently Asked Questions
What happens at the end of the lease?
You simply return the asset or upgrade to a newer model under a new agreement.
F
Free • No obligation
Ready to explore operating lease?
Speak to a specialist and get tailored options from our whole-of-market lender network.
Apply NowRelated asset & equipment finance
Asset Finance
Spread the cost of eligible business assets over an agreed term using an appropriate ownership or leasing structure.
Asset Refinance
Raise capital against eligible assets already owned by the business, subject to valuation and lender assessment.
Sale and Leaseback
Sell an eligible business asset to a funder and lease it back for continued use under agreed terms.