Finance Your Future
A Master Lease Agreement gives you the freedom to invest in multiple stages of your businesses evolution. You can purchase the equipment you need for your business from multiple suppliers, when you want, all while enjoying the assured preferential terms. No need for extra credit checks – it’s all on demand as part of your allocation, starting from total volumes of just £25,000 per year!
Personal
Optimised terms for your own unique investment needs.
Flexible
The choice is yours with every individual contract. Varied equipment with every individual Agreement under one Master Lease.
Independent
Pick the assets you want from any manufacturer or supplier of your choice.
Attractive
You enjoy the benefits of preferential terms, which means overall savings.
Personal
Optimised terms for your own unique investment needs.
Flexible
The choice is yours with every individual contract. Varied equipment with every individual Agreement under one Master Lease.
Independent
Pick the assets you want from any manufacturer or supplier of your choice.
Attractive
You enjoy the benefits of preferential terms, which means overall savings.
The Multi-step Master Lease
Secure preferential terms without having to make a commitment to your exact business purchases.
Simply agree a total expected value of your purchases over 12 months, and draw down from that amount at any stage. Only 70% of the value must be utilised to ensure you secure that prefential rate.
You can select from a great range of assets. Check out our Asset Portfolio for some ideas.
How exactly does it work?
How exactly does it work?
1. You work with us to define a leasing framework for a period of twelve months. Master Lease Agreements with grenke are available at annual volumes of £25,000 and upwards.
2. Taking this as a basis, we sign a Master Lease Agreement with you. This contains your preferential terms. Note that we do not calculate any terms of provision.
3. Within a period of twelve months, you can access draw downs of £500 and upwards at any time. There is no obligation to pay until your first purchase. As the overall volume has already been approved, you can obtain the equipment you want quickly and easily.
4. As long as you use 70% of the leasing framework in the 12 month period you secure the preferential rate.
Here’s an example:
A Master Lease Agreement is signed confirming an annual volume of £50,000. You start by procuring PCs and software from Dealer A for £45,000. Six months later, you spend £5,000 on laptops from Dealer B – and still enjoy the preferential terms of the Master Lease Agreement. Handy!
Sign contracts anywhere, anytime
eSignature
All you need to sign your Agreement (leasing contract) is a tablet, smartphone or PC with internet access. With eSignature, you can sign your documents digitally - Saving you valuable time!
Meet the Team
Teams across the UK
Our teams are embedded into the communities we serve, they are the face of grenke. Their expertise helps customers, partners and stakeholders access the best financial solutions at exactly the right moment. Let us introduce them.
