Choosing the best way to finance your fleet can involve a number of vital decisions. ORIX can help you determine the most effective finance option for your entire fleet or individual vehicles.

Operating Lease

An operating lease removes the asset, liability and residual value risk from your balance sheet as well as releasing working capital into your core business. And provided the leased vehicle or equipment is used in Australia to earn assessable income, lease rentals will be an allowable tax deduction.

Finance Lease

Under a finance lease, lease payments are generally tax deductible and the asset and liability remain on your balance sheet.

The features of both lease options are outlined in the table below:

	Operating Lease	Finance Lease
ORIX retains ownership of the vehicle
You have exclusive use of the vehicle during the lease term
All vehicles types can be leased - passenger, light commercial, heavy commercial and materials handling
Capital tied up in vehicles can be released back into the business
The asset and liability are not displayed on your balance sheet for improved financial reporting
No significant up-front capital outlay is required
Lease rental payments are fixed throughout the term
ORIX retains any residual value risk or liability
Any residual value risk is assumed by you
Lease rental payments may be fully tax deductible if the vehicle is used to generate an income