Fleet Management Finance
This service is only available for motor vehicles that are used for business purposes, with an Operating Lease being used.
The financier buys the vehicle on your behalf and provides it to you for an agreed term or distance for an agreed monthly payment.
This payment can include provision for all operating costs associated with the vehicle such as service, repairs, tyres, maintenance, insurance, FBT Reporting and fuel.
Upon completion of the agreed term or distance, whichever occurs first, the vehicle is returned to the financier.
For accounting purposes, you claim the payments as a business expense through your Profit & Loss Statements.
