Business Finance

If you're looking for one Renault or a fleet for business use, Hendy Renault offers a range of finance options, so there's something to suit you whether you are a small start-up business or large established company.

At Hendy Renault, we understand that no two businesses are the same, which is why Renault Business Finance offers a wide variety of finance schemes and products to suit the specific needs of every type and size of business.

Contract Hire

Contract Hire with Renault Business Finance from Hendy Renault is an ideal product for companies who don't want the financial risk of running their own car and van fleets, and who want to reduce the administrative load of buying, servicing and disposing of their company vehicles.

Step 1 - you pay the advanced rental on the Renault upfront, which can range from 3 to 12 months.

Step 2 - you pay a fixed monthly rental for the duration of your contract!

Step 3 - at the end of your agreement, you return your Renault back to Hendy.

Features and Benefits:

Personal Contract Hire

Personal Contract Hire is a long-term rental agreement for private individuals when regular monthly payments are made for the duration of the agreement and the car is handed back at the end. The duration of the agreement and the mileage can be flexible, so do ask for more details - and in fact, many customers find that regular fixed monthly rentals help with personal budgeting.

Finance Lease

Finance Lease is an excellent option if you want fixed monthly rentals and do not need to own the vehicle.

Renault Finance

Finance lease has many of the benefits of Contract Hire without the perceived inflexibility.

Step 1 - tell us what deposit you'd like to pay.

Step 2 - we'll calculate your monthly payment based on the remaining amount to be financed on the vehicle.

Features and Benefits:

At the end of your contract, you will get three choices:

  1. Sell your Renault - we'll forward your share of the balance of proceeds to you once we've settled anything owed to us, including any sell-on expenses
  2. Return your Renault to Hendy - acting as our agent, you can sell the vehicle on our behalf and receive a share of the sale proceeds, assuming no balance is owed to us
  3. Keep your Renault - by paying a nominal fee, which is usually one month's rental, you can continue to use your vehicle for the whole of the following year.

Lease Purchase

Lease Purchase is a Hire Purchase agreement, offering you the option to own the vehicle at the end of the agreement. It offers fixed repayments and fixed interest payable on the purchase price less the deposit. In addition, you have the ability to defer a proportion of the vehicles cost to a final balloon payment at the end of the agreement. This will result in lower monthly payments than Hire Purchase and could therefore improve your cash flow.

Step 1 - tell Hendy Renault how much deposit you would like to pay.

Step 2 - we'll calculate your monthly payment based on the remaining amount to be financed, the agreed contract period and the agreed balloon payment that will need to be paid at the end of the agreement.

Step 3 - pay the balloon payment and ownership of the vehicle is transferred to you!

Features and Benefits:

You'll also receive the same tax benefits as with Hire Purchase.

Outright Purchase

This is when you buy a Renault from Hendy without a leasing agreement and with one payment. This is the simplest way to purchase a vehicle or fleet of vehicles, as the cash price of the vehicle(s) is paid upfront, which saves you money on paying interest on monthly payments - there are none!

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