Peace of Mind An operating lease is an agreement to rent equipment for use in business for a fixed period of time. It can be an efficient and cost effective financing strategy if vehicles and equipment need regular upgrading, or if renting is more suitable than owning the asset. At the end of the lease period, the equipment is returned to the financier, subject to return conditions, without obligation for the residual value. Business Growth © 2001 - 2002, Lease and Mortgage Direction Pty. Ltd. ABN: 23 097 039 953 Email: cbutler@mortgagedirection.com.au Lease & Mortgage Direction helicopter leasing car leasing plant and equipment leasing earth moving equipment leasing commercial and private aircraft leasing IT equipment leasing Factory machinery leasing COLIN BUTLER   m. 0400 880 033 Payments can be customised to suit business cash flow Lease payments may be made off-the-balance sheet, providing scope to improve business performance ratios such as Return on Assets Rentals are subject to stamp duty and GST Provides 100% financing so working capital is preserved Guards against obsolete equipment and offers the flexibility to respond to changing market demands Provides access to the most modern equipment and technology without the associated risks of ownership Takes away the concern of disposing of equipment with a weak re-sale market Offers flexible payment arrangements Allows the business to claim the full amount of the rentals as a tax deduction (provided the equipment used to generate assessable income)