Plan B is a long term leasing plan for transport vehicles, allowing the tenant to become an owner at the end of the term This type of lease is an alternative to traditional financing.
FINANCIAL AND TAX BENEFITS
- First, the long term leasing plan is an off-balance sheet loan that does not increase the company’s credit ;
- Thus, this rental does not affect your borrowing capacity ;
- Also, the rental is a 100% tax-deductible expense ;
- Similarly, the long term leasing plan allows the tenant’s loan portfolio to be diversified.