Financial Lease?

A Financial lease is an arrangement between the lessor (owner of the asset) and the lessee (user of the asset) whereby the lessor purchases an asset for the lessee and allows him to use it in exchange for periodical payments called lease rentals or minimum lease payments (MLP). Leasing is beneficial to both the parties for availing tax benefits or doing tax planning.

At the conclusion of the lease period, the asset goes back to the lessor (the owner) in an absence of any other provision in the contract regarding compulsory buying of the asset by the lessee (the user). There are four different scenarios that is possible post termination of a Lease Agreement

• (a) The lease is renewed by the lessee perpetually or for a definite period of time. (b) The asset goes back to the lessor. (c) The asset comes back to the lessor and he sells it off to a third party. (d) Lessor sells to the lessee.
• E.g. It is a quick and easy way to manage small asset purchases. The asset is kept off your books and the full payment can be claimed as 100% business use and if Plants and equipment are to be returned back to the lender at the end of a lease period Or if your needs have changed, we can help you by arranging to extend or renegotiating the terms.

Consumer loans:

A DBIJ Consumer Loan gives you more financial freedom, allowing you to keep your funds free for other purposes. A consumer loan is suitable when you use your vehicle wholly or predominantly for private purposes.*
Offers:

Finance can be tailored to suit your needs.

Fixed Repayments:

• Loan term options from 24 to 60 months.
• Flexibility over your final repayment.

Additional Options:

• You also have the option of including vehicle on-road charges, and various insurances in the finance contract if you wish.

  _{*We recommend that you seek independent financial advice for your specific circumstances and consult your accountant regarding eligibility criteria.}

• A DBIJ Chattel Lease is a perfect way to lease your next vehicle, enabling you to preserve cash flows, so you can enjoy your vehicle without tying up capital.*

Offers:

• Lease terms from 24 to 60 months are available.
• Flexibility in setting the residual value of the vehicle.^
• Option to purchase the vehicle outright at the end of the lease term.
• In conjunction with a novation agreement with your employer, a DBIJ  Lease is an ideal way to salary package your vehicle.

  _{*We recommend that you seek independent financial advice for your specific circumstances and consult your accountant regarding eligibility criteria.}

  _{^subject to ATO minimum guidelines.}