^600k Leasing Finance – Get Your Custom Quote Today

With a contract hire operating lease, the lender’s security is usually tied to the asset and the lease agreement terms. Terms are commonly 24 to 60 months, and £600k can be feasible where the asset package and applicant profile fit the lender’s appetite. Pricing is often expressed as a lease rate or annual percentage rate depending on structure and term, with indicative SME APR ranges roughly 6% to 15%+. Decision times are often a few working days to a couple of weeks for straightforward cases.

Finance lease propositions usually run for 24 to 84 months, based on asset life and residual value assumptions. SMEs often see indicative pricing equivalents in the broad 6% to 15%+ range, though final terms are deal specific and depend on deposit, term and risk. For standard cases, decisions are often around 1 to 3 weeks after the lender receives paperwork. This structure is commonly used for machinery, vehicles and long life business assets where ownership at the end is desirable.

Sale-and-leaseback decisions often take 2 to 6 weeks because the lender typically needs asset valuation plus legal title and leaseback structuring. Terms are commonly 24 to 72 months and £600k is feasible for many qualifying asset portfolios, subject to ownership, condition and marketability. Pricing depends on the sale price versus lease rentals and residual assumptions, with indicative SME interest equivalents often in the broad 6% to 15%+ band. It can be especially useful when you want to convert tied up assets into cash ahead of growth or a demand cycle.