Sales & Leaseback
Sale & Leaseback is a popular choice that releases capital tied up in the fleet, straight into your company's reserves and removes vehicles from the balance sheet.
Lombard can purchase your existing fleet via the sale & leaseback scheme, dependent on the book value and specific requirements, and lease or contract hire them back to you for the remainder of the agreed term.
Key features and benefits of sale & leaseback:
- Vehicles purchased for cash by Lombard in a simple paper transaction
- Cash injection into other projects allowing improvements on various gearing ratios
- Removal of vehicles from the balance sheet
- New for Old - clients using our sale & leaseback scheme can benefit from our disposal routes to release the cash value of those vehicles and replace them with new vehicles under contract hire from Lombard
- Sale & Leaseback offers all the benefits of contract hire
