business funding

Business funding is the solution for companies who want to concentrate on their core business activities while avoiding the financial risk and administrative burden of owning their vehicle.

Contract Hire

Especially suited to businesses who are V.A.T. registered and looking for the maximum tax allowances coupled with off-balance sheet funding.
The benefits of Contract Hire include:

• Low initial rental costs
• Flexible rental profiles
• Improved cash flow
• Accurate budgeting
• No disposal risk
• No depreciation risk

Rentals are based on Net of V.A.T. vehicle prices.

Finance Lease

Used for both cars and commercial vehicles by VAT registered business.The benefits of Finance Leasing include:

• Low initial payment
• Flexible payment periods
• Maximum tax allowances

Can be offered with a balloon payment to reduce the monthly rentals or with no balloon to reduce depreciation risk.

Rentals are based on pre-VAT prices giving a reduced monthly cost.

Hire Purchase

The most widely understood funding method. The total cost of the car plus interest is repaid over at fixed monthly cost over a fixed period. Deposits range from zero upwards and terms from 12 to 60 months.

Personal Contract Hire

A relatively new product aimed mainly at the increasing number of people with a car allowance from their employer. A straight forward long term rental agreement where the customer bears no depreciation or disposal risk. Fixed terms and a wide range of annual mileages with the benefit of the buying power of the finance company and reduced rentals based on the portion of the cars life used by the hirer.