Here we have set out, in an easy to understand comparative format, the main products available in our industry and some of the options that could be available to you as a user of finance. Naturally, as a market leader, all of these are available through Bluestone Leasing.

  Lease Rental
aka Finance Lease		 Lease Purchase
aka Hire Purchase		 Operating Lease
Term Typically 1-5 years
Longer term assets (e.g. plant and machinery) often longer.		 Typically 1-5 years
Longer term assets (e.g. plant and machinery) often longer.		 Typically 1-5 years
Longer term assets (e.g. plant and machinery) often longer.
Capital Value £1,000 - £10M+ £1,000 - £10M+ £1,000 - £10M+
Repayment Frequency Annually, Quarterly or Monthly Annually, Quarterly or Monthly Annually, Quarterly or Monthly
Fixed or variable rates? Fixed Fixed Fixed
VAT On each payment In full with first payment On each payment
Tax* Fully deductible Partially deductible
(equivalent to using cash)		 Fully deductible
Ownership Bank throughout Client (subject to full payment) Bank
End of the agreement Minimum Term. Equipment can be retained for a nominal fee or returned. Equipment title automatically passes with the final payment. Equipment to be returned in good condition or retained by paying secondary rentals to cover residual value

*Tax commentary ignores standard capital allowances and impact of A.I.A.