What is a Finance Lease?
A Finance Lease is a non-cancellable vehicle rental agreement that enables companies (lessees) to rent vehicles from Summit Fleet (lessor) for a fixed period of time. This agreement allows you to utilise a fleet of vehicles without the need for substantial upfront capital investment. Under a Finance Lease, the vehicles are purchased by Summit Fleet on your behalf, and the asset may appear on your company’s balance sheet.
At Summit Fleet, we understand the importance of finding flexible and efficient solutions for your vehicle fleet management. Our Finance Lease service is designed to empower businesses like yours to invest in a fleet of vehicles without the need for upfront capital investments. Let us guide you through the benefits and process of Finance Leasing, so you can drive your business forward with confidence.