Electric Vehicle Finance & Leasing

Electric Vehicle Finance & Leasing in London, Kent & in the UK

As of 2021 we are delighted to announce that we are able to consider finance applications for electric cars / vehicles. First business are able to offer the following headline parameters for both personal and business finance agreements.

• Hire Purchase and Lease Purchase
• Standard underwriting criteria
• 100% maximum loan to value
• Advances up to £125k
• Residual values up to 85%
• Deposits from nil
• Maximum age of vehicle at start is 3 years
• Maximum age of vehicle at term end is 8 years
• 24-60 months loan terms available

Finance Lease

Finance lease offers low up-front costs and a repayment structure where rental payments can be tailored to match your cash flow. With fixed or variable interest options, you decide which suits you best. This offers tax advantages as VAT is payable on the rentals, not the purchase price, while payments can normally be offset against taxable profit (special rules apply to cars).

Hire Purchase

Hire purchase – sometimes known as lease purchase – is a simple repayment facility, where you eventually own the asset at the end of your agreement.

Contract Hire

Car or van contract hire allows you to fix your costs without the burden and risk of owning your own vehicles and maintenance can be included. The cost will depend upon two main criteria: the annual mileage and length of hire.

Contract Purchase

Contract purchase is very similar to contract hire but, at the end of the contract, ownership can be retained by making a final balloon payment. Alternatively, the vehicle can be returned to the finance company for resale, with no further payments due.

• Spreads the cost – spreads the cost of your new vehicle over an extended period of time.
• It clears up capital – this means funding can then be put into other aspects of your business.
• Smooth process – our team of experts make it a pain free process to set up and arrange a finance agreement.
• Keep control over your finances. 

 

OUR OTHER FINANCE PRODUCTS INCLUDE:

• Contract Hire
• Aircraft & Marine Mortgages
• Sale & Leaseback
• VAT Funding Products
• Fixed & Variable Rates
• Structured Repayment Profiles
• Invoice Finance
• 100% Software Finance
• Business Loans

For any of these services one of our friendly and informed team will assist you on 01634 386869.

Finally, we’d like to thank you for visiting our electric vehicle finance leasing page. We have supported 200
million pounds worth of asset finance since 2008. So, please fill out our Contact Us form for more information.
Similarly, you can keep in touch with us via social media.