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With a lease, you get to use an asset over an agreed period time, in return for monthly payments.

The terms available range from 1 – 7 years. Like hire purchase, it allows you to spread the cost of the asset, but with a lease you won’t automatically own the asset at the end of the term.

At the end of the lease agreement, you have several options:

  • You can renew the agreement and continue to use the asset
  • You can return the asset to the provider
  • You can sell the asset and keep a percentage of the proceeds
  • You can buy the asset outright

Interest rates and monthly payments are fixed, providing you with stability and helping you to budget, and the payments can be structured to meet your predicted cashflow. VAT is spread across the term, reducing your up-front costs and you can claim tax relief on 100% of  the monthly payments. (Please seek specialist advice from your accountant).

Like hire purchase, leases can be used for vehicles, machinery and equipment, but they are also often used for IT & software, and fit-outs & refurbishments.


Businesses In a range of sectors.

Haulage & Logistics

Renewables & Green Energy


Waste & Recycling


Prestige Vehicles

Construction & Plant Hire

Agriculture & Equestrian

Professional Practices


Grovelands Business Park, NN6 8FB

WSC Finance Ltd is a credit broker and not a lender. We are authorised and regulated by the Financial Conduct Authority. FCA FRN 986899. WSC Finance Ltd is registered in England under company number 14377080. Registered address The Mill, Pury Hill Business Park, Towcester, NN12 7LS.

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