Commercial Finance
Contract hire
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An efficient way of paying for a vehicle without the costs of ownership.
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The liability is not shown on accounts as you are paying for a service package not for a vehicle.
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An all inclusive package including maintenance, servicing and road tax is available.
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At the end of the agreement, you just hand the vehicle back and replace it with a new one .
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VAT is charged on the rentals but is recoverable if customer is VAT registered.
HP
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You make monthly payments and own vehicle at end of agreement .
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The vehicle becomes a fixed asset, you can sell vehicle at any time provided the outstanding finance balance is paid.
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Payments are fixed for the duration of the agreement.
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VAT is payable on the purchase of the vehicle which can be reclaimed if VAT registered.
Lease
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The fixed monthly payments cover the use of the vehicle and are based on the full invoice price.
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Once the final payment has been made you can sell the vehicle to a third party and keep the income from the sale.
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Initial deposit as low as one months rental.
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Fixed monthly payments.
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You have three choices at the end : sell, return or carry on the lease for a nominal annual fee.
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VAT is charged on the rentals but is recoverable if you are a VAT registered business user. Sales proceeds will include VAT, which has to be accounted for.
Simply choose the option that best meets your needs.
Make an Enquiry
Call us on 0845 608 0419 (Mon - Fri, 9am - 5pm, Sat 9am - 4pm), or fill out the form below and we’ll call you back. Required fields are marked with a star (
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