Finance Products

Hire Purchase

  • Spread capital cost over 1-7 years (pay monthly, quarterly, semi-annually, annually)
  • Full ownership on final payment
  • Maintain a healthy cashflow with low rate finance
  • VAT paid upfront, deferred, or financed in full over the respective term
  • Claim tax relief via annual capital allowances
  • Agreed fixed repayments facilitates budgeting

Finance Lease

  • Spread capital cost over 1-7 years (pay monthly, quarterly, semi-annually, annually)
  • Option to own/sell or lease at the end of the term
  • Maintain a healthy cashflow with low rate finance
  • No deposit required; VAT payable on each lease payment
  • Payments are tax deductible
  • Agreed fixed repayments facilitates budgeting

Operating Lease

  • Pay fixed rentals (monthly, quarterly, semi-annually, annually) over 1-7 years
  • Lower payments than with HP or FL, never repay full asset value over term
  • No deposit required; VAT payable on each lease payment
  • Allows you to develop a structured equipment replacement cycle, ensuring you can benefit earlier from the latest technology
  • Payments are tax deductible
  • Agreed fixed repayments facilitates budgeting
  • Maintenance/ service costs can be included on rentals and is interest free

Business Loan

  • Fixed monthly payments (term dependant on case by case basis)
  • Both unsecured and secured options available
  • Maintain a healthy cashflow with low rate finance
  • Gives you the ability to consolidate your business
  • Tax relief on interest
  • No early repayment fees

Sale & HP Back

  • Fixed payments over 1-7 years (monthly, quarterly, semi-annually, annually)
  • Can arrange finance on anything purchased up to 90 days prior
  • Full ownership on final payment
  • Maintain a healthy cashflow with low rate finance

Refinance

  • Release equity from existing assets to improve cashflow
  • Quick and easy method to raise working capital
  • Unlock tied up funds to help consolidate and grow your business
  • Purchasing other equipment – raise the funds by refinancing your existing assets
  • Maintain a healthy cashflow with low rate finance

VAT Loan

  • Spread your VAT bill over 3 months to utilise your capital elsewhere
  • Swift, affordable repayment plan allowing you to pay HMRC on time
  • Supports cashflow maintenance
  • Quick and straightforward to arrange
  • Avoid using other lending facilities

Why lease and not pay upfront?

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Tax Benefits

The lessee gains tax advantages from being able to charge their periodic lease expense to the profit and loss. This will subsequently decrease the company’s taxable income!

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Saves you Money

Leasing your equipment allows you to both maintain a healthy cashflow and invest in other areas of the business. Investing the money you would have used to purchase equipment could allow your company to generate extra income. Additionally, if you consider inflation, depreciation, tax benefits and return on investment, you will find leasing could save you a lot of money in the long term!

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The Budget

Leasing ensures you can maintain full financial control giving you the ability to forecast your business expenditure. Paying out in full for an asset could push you over your budget threshold, leasing allows you to take delivery of a machine straight away as you will not be laying out a large sum of money on delivery. This in turn will ensure you can control your cash flow and monitor both your depreciation and business expenses!

Borrow up to 100% of the project cost and protect your cashflow today!