What is Financial Leasing?

Financial leasing is a business lease option that works much like hire purchase. You choose your vehicle and pay in instalments instead of the full amount upfront. You can either pay the VAT immediately or spread it over monthly payments. From the moment your lease contract starts, you become the economic owner of the vehicle. This means:

• You can list the vehicle as an asset on your company’s balance sheet
• You're entitled to tax benefits such as depreciation and interest deduction
• You're responsible for insurance and maintenance

The vehicle itself serves as collateral for the financing. This means you are not yet the legal owner — but you will be at the end of the lease term.

How financial leasing works at Fynanch

At Fynanch, we keep things simple. Our motto is: Lease the easy way!

1. Choose your vehicle on our website or visit us in Vuren
2. Request a quote - receive a personalised offer within 24 hours
3. Financing arranged - often without annual figures, ideal for startups
4. Drive away - hit the road in your commercial vehicle within 48 hours

Benefits of financial leasing

1. Economic ownership from day one
   You become the economic owner immediately, which benefits your profit and loss account
2. Tax advantages - you benefit from several deductible items:
   1. VAT on the purchase price is usually fully reclaimable
   2. Interest on the lease amount is tax deductible
   3. Since the vehicle is on your balance sheet, depreciation is allowed
3. Freedom in maintenance and insurance
   You choose your own garage and insurance provider. That means full control, and familiar service.
4. No mileage limits
   Drive freely without unexpected costs for extra kilometers

What happens at the end of the lease contract?

At the end of the contract, you may have a final payment left. Once that’s paid, you’re the full legal owner of the vehicle. You’re then free to do whatever you want with your commercial vehicle: keep driving, sell it, or trade it in.

Tell us what you're looking for – we’ll handle the rest

We focus on simplicity, transparency, and speed. You’ll know exactly where you stand within 24 hours – and in many cases, you’ll be on the road within 48. We support all entrepreneurs, including starters.