Category / Business / Basics of Business Leasing / Employer
Business Leasing Guide
Business vehicle leasing is an increasingly popular finance option. It’s available to a wide range of organisations, including large corporations, limited companies, SMEs, partnerships and sole traders.
The cost of business vehicle leasing is based on a number of factors. These include the term of the lease, the agreed annual mileage, and the amount of upfront initial rental. The company will not own the vehicle, but instead leases it over an agreed period of two, three, or four years.
Whether you’re looking to acquire a new company car or invest in a fleet of business vehicles, leasing can be a great option. It offers significant tax and accounting benefits and removes the financial risk of owning your own business vehicle or fleet.
In addition to business leasing finance products such as contract hire and finance lease, Synergy can also provide other vehicle finance options to support your business, such as hire purchase.
We provide a range of vehicle finance and solutions for businesses including salary sacrifice, commercial vehicles, and fleet management services.
Check out our business vehicle leasing guides below and find out how your company can benefit from leasing with Synergy.