Leasing gives you a practical and cost effective way of investing in critical assets while keeping the cash in your business. Rather than an upfront cost, you pay the lease back over time in fixed monthly payments, helping to keep cash flow manageable.
By leasing equipment, you can avoid obolescence risk, which means being stuck with equipment you no longer have use for. You can match the lease to the life cycle of your asset, and have the option of returning or upgrading to the latest model when the lease ends.
An operating lease provides a lower cash flow through the term as well as providing added flexibility at the end of term where all options are provided – purchase, return with no balloon payable or extension under new terms.
Under a finance lease, ownership of the equipment will transfer to you at end of term upon payment of the balloon payment (also known as a residual).
Yes, we can facilitate any mid term upgrades. Just speak to your dedicated account manager who will help you arrange this.
Yes, you can add any equipment onto your lease and we can co-terminate it with the original agreement if required.
No - Eclipx Commercial is secured by the equipment only in most cases.