MTF

Finance Lease

A long-term lease with the option to buy

An MTF Finance Lease is designed as a long-term leasing solution. It's ideal for your business if you don't want to tie up working capital, and may also suit some personal customers.

Simply put, you enjoy the use of the asset for the term of the contract. At the end of the contract the asset is offered for sale. You can arrange to have first option to buy, at a pre-agreed price; effectively a 'lease to buy' arrangement. Or you can choose to 'walk away' and share in the profit (or loss) on resale.

• long-term contract of 46 to 48 months
• fixed payments for the term of the lease
• a maintenance option (which covers the cost of servicing and maintenance) is also available
• first option to buy at the end of the term

If you're a business customer, you can claim GST on the principal portion of each instalment, and your payments are tax deductible. The asset is recorded on your balance sheet, meaning you can also claim depreciation.

See how an MTF Finance Lease compares to our other finance solutions, or contact us to find out more.