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We regularly find that companies
which use finance leasing to fund major capital projects
that have a useful life greater than the primary
period will be subjected to secondary lease rentals.
We can offer you a service to reduce
expenditure on that element of your current lease
portfolio which is now in secondary period and upon
which secondary rentals are payable.
Typically these secondary rentals
will be in the order of 0.5% to 1% of the original
cost payable annually in advance and could represent
a substantial amount that your company is paying,
and if they relate to long life assets, continue
to pay for many years to come.
We have developed a structure whereby
it is possible for you to continue to use the equipment
but cease paying the secondary rentals and thus effect
a major saving. In addition the ongoing paperwork
is considerably reduced and the administration simplified.
Our scheme makes use of the provisions
that are typically found within finance lease agreements
and as our fee for providing this service is calculated
as a percentage of the savings made it does not in
itself constitute any additional cost.
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