Get cash for the equipment you own
A Team Leasing Sale and Lease Back agreement allows you to unlock the value of your existing equipment for either the original purchase price (if less than six months old) or for its written down or book value. This finance product is popular with companies who see the value in renting equipment and would like to extend the concept and the benefits to their existing owned equipment too.
Use your funds more productively
Under this product Team Leasing will buy your equipment from you and rent/lease it back to you for the remainder of its useful life. This allows you to redeploy these funds into more productive areas and potentially enjoy better tax deductions as a result. So if you want to unlock this capital apply now or contact us online or call us on 1300 798 977 and learn how Team Leasing can help your business grow.
An example of a Team Leasing Sale and Lease Back transaction might be that you purchased $100,000 worth of laptops 1 year ago. If the useful life of a laptop in your company is 2 years then the term would be 1 year therefore making the laptops 2 years old at the end of the agreement. The amount financed and returned to you would be equal to your written down value, which in this case is likely to be $66,666 (assuming a 3 year write down policy).