In this flexible TRAC agreement, as the lessee, you own the economic benefit of the asset at time of sale against any remaining depreciation. These leases can be structured in a variety of ways to best manage cash flow and support preferred accounting treatment. This includes varying terms, residuals, and transparent fixed and floating finance options. 

As a fixed-term agreement, this funding option requires Holman as the lessor, to assume the depreciation risk of the vehicle. Once the agreement ends, as the lessee, you are under no obligation to purchase the leased asset. Overall, closed-end leasing provides more structure and predictability.

In a sale and leaseback agreement, you sell your owned assets to Holman in exchange for a cash injection. Then, you lease those same assets back from us. We guide you through each stage of the process, giving you complete control and transparency. 
Open-end Lease
In this flexible agreement, as the lessee, you guarantee residual value and share in any depreciation. The asset's fair market value is estimated at inception, and at the end of your lease, either an appraisal or sale determines the actual value. If the vehicle is worth less than initially estimated, you are liable for the deficiency; if it's worth more, you receive the excess.
Close-end Lease
Sale Leaseback
Open-end Lease
Closed-end Lease

As a fixed-term agreement, this funding option requires Holman as the lessor, to assume the depreciation risk of the vehicle. Once the agreement ends, as the lessee, you are under no obligation to purchase the leased asset. Overall, closed-end leasing provides more structure and predictability.

Sale Leaseback
Open-end Lease
Closed-end Lease
Sale Leaseback

In a sale and leaseback agreement, you sell your owned assets to Holman in exchange for a cash injection. Then, you lease those same assets back from us. We guide you through each stage of the process, giving you complete control and transparency.