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Finance Options

Contract Hire Contract Purchase Finance Lease Operating Lease Hire Purchase

Finance leasing allows you to rent the asset rather than buy it. Normally, rentals will be calculated over an agreed term, at the end of which, The Finance Company will have recovered its outlay in purchasing the asset on your behalf. While you can never own the asset yourself,

The Finance Company will normally allow you to benefit from the majority of the sales proceeds at the end of the term. The rentals can be offset against your profits while The Finance Company retains the right to any capital allowances. Whilst only available to business customers it is a financially astute option for companies looking for a calculated monthly cost.

This is a popular option for commercial vehicle finance. Much more popular but similar in principal is the operating lease.

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