An Operating Lease is a contract whereby an owner (Lessor) lets a user (Lessee) use an asset for a set period of time in return for regular payments.
This period of time is shorter than the economic life of the asset and there is no transfer of ownership rights.
Benefits of an Operating Lease
- Tax deductible payments.
- Preserve your cash flow.
- Tailored solutions and the ability to trade up more frequently.
- Flexible end of term options – hand back, upgrade or purchase at fair market value.
Translease Pty Ltd strongly recommends that before entering into any facility that you obtain specific taxation, accounting and legal advice as to the implications and effect of entering into that transaction having regard to your own individual circumstances. You acknowledge that we are not providing you with any such advice.