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UDC Leases
UDC offers a simple range of lease products that help you to use the equipment you need without the concerns of ownership
  / Finance Lease Agreement
  / Asset Rental

Finance Lease Agreement

Top
UDC Finance Lease is a tax-efficient way to finance vehicles, plant, office equipment, industrial tools or machinery. In effect you finance and pay for the depreciation of the asset during its lease period. At the end of the term you either buy the asset, for its residual value, or simply give it back.

quick overview
Finance Lease Agreement is ideal if you want to:
  / Use an asset without the immediate risk of ownership
  / Upgrade your asset with the latest or best models suited for your business
  / Have the choice of purchasing the asset at the end of the term or returning the    asset
  / You get the equipment you need without having to make a lump sum payment

benefits
  / Cash reserves can be used for more profitable areas of the business
  / Cashflow budgeting is made easy as a result of the cost of the asset being    spread over fixed monthly payments
  / No set up costs or other hidden costs, you just pay the regular lease    instalments
  / The only security required is over the asset itself

features
  / 100 % finance may be available
  / GST recovered throughout the lease period
  / Interest rate is fixed for the term of the lease
  / Term from 12 to 60 months

Asset Rental

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UDC Asset Rental is a rental solution that enables you to afford the assets you need to run your business. It gives you all the advantages of ownership without tying up capital, borrowing beyond your means or getting involved in time-consuming administration.

quick overview
Asset Rental is ideal if you want to:
  / Use an asset without the risk of ownership
  / Upgrade your equipment with the latest or best models suited for your business
  / Avoid costs of depreciation and disposal

benefits
  / No set up costs or other hidden costs, you just pay the regular rental    instalments
  / You can replace assets regularly without having to worry about disposing of    existing assets
  / You are protected from inflation and resale risk
  / No need to administer accounting asset depreciation or interest
  / Renting through Asset Rental improves working capital, return on assets and    gearing ratios

features
  / Pre determined operating cost enables smooth cashflow and accurate budgeting
  / Rental payments are fully tax deductible
  / You know exactly what your regular payments will be for the length of the term
  / Term from 12 to 60 months
  / Payment frequencies may be monthly, quarterly or seasonal
  / Rental payments are fully tax deductible

UDC lending criteria applies. UDC Asset Rental and UDC Finance Lease Agreement are available for business purposes only. UDC recommends customers seek their own independent accounting and taxation advice before undertaking either a UDC Lease Agreement or UDC Asset Rental.
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This material is for information purposes only. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. If you wish to consult one of UDC’s financial advisers, please contact us on 0800 500 832.
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