Fully Charged launch B2B eBike leasing offer

Friday, 13 October 2023 Simon Cox

“You can now lease one of the world’s leading electric bikes for no more than you would pay for a new iPhone as part of your monthly contract” – that’s the announcement from eBike specialists Fully Charged, who’ve launched eBike leasing for B2B customers.

The business has partnered with BikeFlex to introduce a cost-effective and flexible alternative to owning an electric bike for businesses keen to introduce 2, 3 or more wheeled, options to their business EV fleet.

Henry Hayes of Fully Charged highlights, “With the majority of cars being leased across the UK, and with eBike leasing being a mainstay of the European market, we’re looking forward to bringing eBikes to the masses.”

“Fexible payment terms, transparent pricing, and a commitment to sustainability, mean we’re here to help any business, of any size, unlock the freedom of electric bikes.”

Key benefits of eBike leasing

💵 Cost-effective: leasing a bike can be more cost-effective than purchasing one outright, especially for businesses that need multiple bikes.

💰Flexible payment options: this can be tailored to the lessee’s needs.

👌Access to higher quality bikes: leasing can provide access to higher-end eBike models that might be financially out of reach for an outright purchase. This allows individuals or businesses to enjoy the benefits of more advanced and feature-rich bikes.

🤝 Tax benefits: leasing expenses can be tax-deductible for businesses, offering potential tax benefits for those using eBikes for commercial purposes. By taking out a lease, it also takes rental payments against the business, and not straight out of your pocket, making it far greater for working capital. It’s also important to add here that eBikes are 100% tax deductible against your company’s tax bill and you can claim back the VAT (if vat registered).

🚲 Alternative to Cycle to Work: business leasing is a great option for the self-employed and company directors who may not be able to use the Cycle to Work scheme. Leasing is also perfect if you want to ‘cycle at work’, and not just ‘cycle to work’, so for the likes of estate agents, store owners, hotels, freelancers, company directors and the self-employed.

👍 Reduced risk: leasing a bike shifts the risk of depreciation and obsolescence from the lessee to the leasing company. This can be particularly beneficial for businesses that want to avoid the risk of owning outdated or obsolete bike models.

♻️ Simplified disposal: at the end of the lease term, individuals or businesses can return the bikes to the leasing company, eliminating the need to deal with bike disposal or resale OR you could decide to own the bike outright. Otherwise you could just hop onto the latest bike of technology!

Who can electric bike leasing be suitable for?

🤝 Business owners