When they hear the terms ‘leasing’ or ‘renting’, most business owners immediately think of company cars. Unfortunately, these terms are often confused with one another. However, these two forms of financing are different, particularly from an accounting perspective. Let us walk you through it.

• Handy overview
• The same rate, both online and at your branch
• Simulate and apply online

• You don’t pay anything upfront 
  
• You don’t have to put up any collateral 
  
• You make monthly lease payments (including VAT) 

• No collateral needed 
  
• Lower monthly repayments than with other forms of financing  
• Rental invoices treated as expenses in the income statement 

• Investment costs spread over time
• Simple digital application process
• Tax-deductible