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Large Commercial Vehicles
Fund HGV's, trucks, trailers, buses with a Residual Value Lease
Security may be required. Product fees may apply. Finance is only available for business purposes.
Why use Lombard as your Residual Value Lease rental provider?
Experience in the sector – With extensive knowledge of Residual Value Lease agreements, our team is ready to help your venture.
Flexible lease term arrangements – With our support, we will make sure your Residual Value Lease payments fit the cash flow and needs of your business.
Lower monthly repayments – With the residual value of the asset set at the start of lease, you will usually end up with lower monthly rates compared to other financing solutions.
On maturity of your arrangement, you can rehire or return the asset to us in line with your business needs.
Large vehicle Residual Value Lease with Lombard
Lombard’s Residual Value Lease offers a solution to acquiring large commercial vehicles with less responsibility and risk for the lessee. As the residual value of the vehicle is set from the start of your agreement, you will usually end up with lower monthly payments in comparison to other solutions. This is because the vehicle will not be rented for its full economic life-cycle, meaning pricing is done according to its anticipated future value – the value at the end of the lease and the costs of disposal.
Is Residual Value Lease right for my business?
Whilst similar to a lease agreement, a Residual Value Lease differs in the aspect of where liability for the asset value lays. In a lease, the lessee is shares in the net proceeds of sale, whereas in an Residual Value Lease agreement Lombard takes the risks and rewards of the asset value as the lessor. Our Residual Value Lease solution could be used for HGVs over 3.5 tonnes gross vehicle weight, buses, coaches and trailers.
The Lombard Residual Value Lease is an option for businesses. From family owned companies right up to nation-wide infrastructure firms, we are here to support you and provide you with assistance on asset financing.