FINANCE LEASE ** Finance Lease - on balance sheet

• Term 12 - 60 months
• Monthly rentals are tax deductible
• Residual Value can be structured to maximise tax deductibility
• Lessee is responsible for payment or refinance of residual value
• Generally accepted that residual buyout will transfer ownership of goods from financier to lessee

Benefits versus Cash Payment

• Conserves cash flow spreading expenditure over the term of the lease and compares favourably to alternate finance via mortgage or purchase finance facilities where the fixtures and fittings would depreciate over a 13 year period.

** Where premises are tenanted, term of loan agreement can not exceed Tenant lease period (including options).

With many benefits available to your business Sheldon can provide guidance to lessen the financial impact of fit-out for your business.