Skip to main content

Business Finance Leasing

Allowing the use of an asset with minimum up front deposit

The letter P for PTSB carved out in a slate of black marble

What is Finance Leasing?

A finance lease is a medium term rental agreement typically (3-5 years) whereby we buy the assets your business needs and lease them to you over a given period. At the end of the lease period you can either extend the lease by paying a small annual rental or buy the asset outright in a seamless process, from a leased assets disposal company (which will have acquired the asset from the Bank).

Finance leases are only available to business customers and allow businesses to show the value of the asset on their balance sheet.

Business Finance Lease features and restrictions:

  • Minimum loan amount €10,000
  • 10% deposit/equity required
  • Fixed interest rates1
  • Term typically 3 to 5 years
  • Payments can be structured to fit with your cash flow needs
  • Lease rentals are usually deductible against taxable profits
  • VAT is charged on the rentals and this may be reclaimed (subject to our VAT status)

1 The Cost of Credit associated with this product will be higher for longer terms and lower for shorter terms. Alternative terms may be available to you.

If you wish to apply for Business Finance Leasing or if you would just like to get a quote or enquire, please contact us through the below channels:

For finance amounts up to €60,000: direct.assetfinance@ptsb.ie

For finance amounts over €60,000, please contact: your local Relationship Manager
Alternatively, you can call us on 0818 210 263. Lines open Monday to Friday 9am to 5pm (excluding public holidays).
Important information
  • Fees and charges apply. Available to over 18s only. Republic of Ireland only. Security and/or guarantees and indemnities may be required Lending criteria, terms and conditions apply. Subject to credit approval. Lending is for business purposes only.
  • Documentation Fee of €120.00 plus VAT will be charged with the first repayment. Additional fees may apply for early repayment of a fixed rate agreement or if an account falls into arrears.
  • All statements concerning taxation are based on best understanding of current legislation. Levels and basis of taxation can change at any time. This information does not constitute legal, tax, financial planning or any other advice.
  • You will need to insure and maintain the asset. You will need to pay all rentals including any larger final payments (“balloon payment”). 
  • The asset and liability will be recorded on your balance sheet. Should you wish to terminate the agreement early PTSB Asset Finance will provide you with an early termination figure. You should seek independent advice to determine if this product is suitable for you.
  • View the PTSB fees and charges brochure.

Warning: You may have to pay charges if you repay early, in full or in part, a fixed-rate credit facility.

Warning: If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

Former Lombard Customers Support Page

Click below for support relating to Former Lombard Asset Finance agreements.

Pre Application Information

For more information on how we process your application including appeals and application requirements.

Alternative Asset Finance products

Click below to find out about our other products.

Assets we finance

Find out what equipment, machinery and vehicles we finance.

Fees and Charges

Click below to view our full list of fees and charges.

Support in financial difficulty guide

Information guide to banking supports available to SMEs, for the future and through Covid recovery.

Business Leasing Factsheet

Click below to view our factsheet.

Back to top
Page loading
Close takeover popup
PTSB logo

Altogether more human