We understand that with vehicle finance every business is different. It’s this fact that allows us to work with our customers and suppliers to understand the individual needs of each proposal to deliver a solution that fits.
We are able to help with anything from cars and vans, buses and coaches to haulage. Whether you want us to finance one vehicle or many, we will always offer you the same high level of service.
All types of finance agreement are available, including the following:
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 – sometimes known as lease purchase – is a simple repayment facility, where you eventually own the asset at the end of your agreement.
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 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.