Get Audit-Ready OBRs in Minutes,
Not Weeks
From 1 January 2026, UK SMEs need credible Obtainable Borrowing Rates for lease accounting. Banks won't help. DIY gets rejected. Traditional manual studies cost £500–£2,000+ and take weeks. Lease Rater gives you a professional OBR in minutes, for just £49–£99.
The OBR Problem: Why You're Stuck
❌ Banks Won't Help
Relationship managers give "ballpark figures" that aren't documented. Formal rate letters? Rare for hypothetical facilities. Not auditable.
❌ DIY Gets Rejected
Picking "4–5%" based on gut feel won't pass audit. You need a transparent, evidenced methodology with clear assumptions.
❌ Loan Sites Fall Short
Generic advertised rates don't reflect your credit profile, sector, lease term, or security. Not FRS 102-compliant.
❌ Manual Calculations Don't Scale
Traditional bespoke studies deliver quality results but cost £500–£2,000+ per calculation with 2–4 week lead times. Perfect for complex cases, but not practical for routine SME compliance with 5+ leases.
❌ You're Running Out of Time
FRS 102 (2026) applies to periods beginning 1 January 2026. If your year-end is soon, you need OBRs now for transition accounting.
❌ Audit Risk Is Real
Auditors will challenge rates that appear "plucked from thin air." No supporting docs = qualified opinion risk. Your audit fee goes up fixing it.
How Lease Rater Solves This
Instant, entity-specific OBRs built from UK SME lending data + SONIA term structure. Professional PDF reports ready for your audit file. No guesswork. No delays.
2-Minute Turnaround
Enter lease + company details. Get your OBR, range, and PDF instantly. Designed for year-end crunch periods.
Entity-Specific Rates
Reflects your credit profile, sector, size, lease term, and security. Not one-size-fits-all generic rates.
Audit-Ready Documentation
Professional PDF with methodology, assumptions, risk drivers, and SONIA metadata. Pass audit on first submission.
Transparent Methodology
See how the OBR is built: SONIA base + 4-pillar spread (Credit, Security, Sector, Exposure). No black box.
Repeatable & Consistent
Run calculations for every lease in your portfolio. Same rigorous approach across entities and periods. Audit quality control.
10x Cheaper Than Manual Studies
£49–£99 per OBR vs £500–£2,000+ for traditional manual studies. No subscriptions. No retainers. Pay per use.
For SME Finance Teams
You need FRS 102-compliant discount rates. Fast.
- ✓ Year-end deadlines looming
- ✓ Multiple leases to process
- ✓ Can't wait weeks for consultants
- ✓ Budget constraints
- ✓ Need defensible methodology
For Accountants
Support your clients efficiently with transparent, scalable OBR solutions.
- ✓ Add value without rebuilding the wheel
- ✓ White-label or advise clients directly
- ✓ Transparent methodology you can trust
- ✓ Consistent across all FRS 102 clients
- ✓ Bulk packs for portfolio work
3 Simple Steps
Enter Inputs
Lease details (term, payments, asset), company profile (sector, size, credit), and latest financials. Clear guidance for every field.
Get Instant Results
Headline OBR with defensible range (low/mid/high). See how each risk pillar (Credit, Security, Sector, Exposure) contributed to the spread.
Download PDF
Professional report showing rate, methodology, assumptions, and key drivers. File in audit working papers. Done.
Transparent Pricing
No subscriptions. No sales calls. No hidden fees. Just fast, defensible OBRs when you need them.
Traditional Manual Study
- 2–4 week turnaround
- Manual, bespoke process
- Specialist expertise required
- Limited scalability
Lease Rater
- 2-minute turnaround
- Audit-ready PDF
- Repeatable methodology
- Bulk packs available
- No subscription
DIY / Bank Estimate
- No documentation
- Not entity-specific
- Auditors will reject
- Qualified opinion risk
Common Questions
Why can't I just ask my bank for a rate?
Banks rarely provide formal rate letters for hypothetical facilities. A verbal "we charge 6%" from your relationship manager isn't auditable. You need documented, entity-specific evidence with clear methodology.
Is this just a generic rate calculator?
No. Lease Rater builds entity-specific OBRs using your actual financial metrics (leverage, profitability, liquidity), sector, size, security, and lease term. It's as bespoke as an accountancy firm study, but instant.
Will auditors accept this?
Lease Rater provides the three things auditors need: (1) transparent methodology, (2) market-anchored base rate (SONIA), (3) entity-specific risk adjustments. The PDF report is designed for audit files.
Do I need a different OBR for each lease?
Not always. If you have multiple leases with similar terms (same duration, security, entered around the same time), you can use a single OBR. But a 2-year vehicle lease and 10-year property lease should have different OBRs (term mismatch).
What if my company has no debt?
You still need an OBR. It's a hypothetical rate — what you could borrow at if you went to a lender. Lease Rater builds this from your credit profile and market benchmarks even if you've never borrowed.
Is my data secure?
Yes. Reports are stored securely (encrypted, UK-hosted) for your records and audit trail. You can download past calculations anytime. No third-party selling. See our Privacy Policy.
Don't Leave FRS 102 Until Year-End
The clock is ticking. Get FRS 102-compliant, audit-ready OBRs today and plan ahead.
Calculate Your OBR Now →