Paying cash outright for capital assets can be a significant drain on your company’s working capital. With Hire Purchase you will ease your cash flow through regular payments over an agreed period of time.
Funding is available for all new & used business assets. Some typical assets are: cars, coaches, light & heavy commercial vehicles, plant, machinery, agricultural, renewable energy & office equipment.
- Finance available for the majority of capital cost
- Full VAT element paid at outset – deferred facility available
- Fixed or variable rate
- Structured facilities e.g. seasonal payments, balloon payments etc.
- Claim capital allowances and offset interest against tax
- Once you have made all regular payments and any balloon payment, ownership of the goods transfers immediately to you
Please contact us for a quotation or to discuss your requirements in more detail.