Mainly this is due to the fact Operating Leases are treated as an “operating” rather than a “capital” expense. Ie: equipment can be acquired against an operating budget without the need to obtain capital expenditure approval.
Both the asset and liability remain off the balance sheet, which leaves gearing ratios intact. Interest rates are fixed at the beginning of the term, which allows for precise budgeting analysis from day one.
ProLENDING | Finance for Professionals
ProLENDING is dedicated to sourcing optimal finance arrangements for clients in the medical profession and other non-medical professionals. With the backing of PKF, one of the largest accounting firms in the country, we have assembled a group of experienced Finance Consultants, committed to providing you with the best possible solutions.
Our core expertise lies in arranging finance for doctors, dentists, vets and allied health service providers, as well as the accounting and legal profession. ProLENDING always seeks to add value through bringing together a wide referral network of lending, insurance, IT, accounting and legal services, as well as motor vehicle wholesalers and equipment and fit-out suppliers, assisting clients with a holistic approach to their finance requirements.
We are dedicated to taking the frustration out of finance, focusing on each client’s individual circumstances and fulfilling their funding needs whilst achieving the best outcome for all parties to each transaction.