An Open End Lease provides the most flexible program for financing your company’s fleet of vehicles with a minimum twelve-month lease term. The Open End Lease provides the flexibility and economics of ownership with off balance sheet reporting (exceptions may apply). There are no mileage allowances or specific monthly terms. You select the funding index and depreciation depending on the characteristics of your fleet. The Open End Lease frees up your company’s working capital with less money tied up in assets.