JCB Finance can support your business with a Finance Lease. Lease a JCB or other complementary equipment. UK Businesses Only. Terms apply.
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finance lease

Get the most out of the asset, then dispose of it when you’re ready

Finance leases typically enjoy a low initial capital outlay and the VAT, which is paid on each rental, is therefore spread over the period of the lease. If a qualifying asset is used for business purposes, and you are VAT registered (special rules apply), you may be able to recover some or all of the VAT applied to the lease rentals.

The availability and value of tax relief will depend on your individual circumstances; you can, without obligation, request a copy of the contract terms for details of how the facility you are considering would be treated for your business, so that you can discuss this with your accountant or tax advisor.

The goods can continue to be used after the primary period, in exchange for a nominal continuing-period rental. Although ownership never passes to you, when the goods are no longer required, a percentage of the ultimate net sale proceeds is refunded as a rebate of the rental.

Return conditions apply and you will not own the asset at the end of the agreement.

 Benefits of Finance Lease:

  • Tax efficient
  • Accurate budgeting
  • On the sale of the asset, a percentage of the sale proceeds is refunded
  • Spreads the impact of VAT, which is collected on each rental as it falls due
  • VAT on rentals may be reclaimable
  • Low initial capital outlay – this can be as low as one monthly rental per year of the lease
  • The asset itself offers the security to the lender, therefore other forms of security such as personal guarantees or property are usually not required.


What happens at the end:

You may continue the lease and pay a nominal rental, as notified by us, until you wish to end the agreement.


You may introduce us to a potential buyer for the goods (e.g the original supplying dealer, the JCB Finance Machinery Sales Centre or an agreeable unconnected third party). If the goods are sold at the current market value, subject to approval, we shall pay you an amount equal to a percentage of the sale price (as indicated on your agreement). Terms apply; please see the agreement for full terms and conditions.


Return the goods to JCB Finance. Return conditions apply.


Want to end the lease early?

Leases are for a period of hire as stated on your agreement, but you can end the agreement early giving 7 days written notice and paying all remaining rentals and costs due in accordance with the terms and conditions of the agreement – ask for details.

You can request a calculation at any point during the agreement which will show you how much you would need to pay if you wanted to end the agreement early.

Thinking of ending early? Request a settlement

How it compares: