Plan B is a long-term leasing plan for vehicle transportation, allowing the lessee to own the vehicle 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 leasing does not affect your borrowing capacity ;
- Also, the leasing is a 100% tax-deductible expense ;
- Similarly, the long-term leasing plan allows lessee’s loan portfolio to be diversified.