Wesbank Asset Finance
Our asset finance solutions offer a way to purchase all types of capital equipment that are critical to the development and growth of your business.
Choose an instalment sale if you need to own an asset at the end of your agreement, or select a lease agreement in order to claim the payments as an expense and still have the option to own the asset after the last payment has been made. You can claim your full VAT input up front on the cost price for both options.
Instalment Sale
- You own the asset after the last payment
- Interest payments and capital allowances may be claimed as income tax deductions
Lease Agreement
- You have the option to own the asset after the last payment
- Lease payments may be claimed as an income tax deduction