Hire Purchase offers a straightforward way to spread the cost of your new equipment. You pay a fixed rate of interest and benefit from fixed payments, making budgeting simple and easy.
Hire Purchase with a balloon offers lower monthly payments than standard Hire Purchase. Instead, at the end of the agreement, you can make a final lump sum payment (or 'balloon') to purchase a vehicle in full.
Finance Lease offers a simple way of acquiring equipment with a low initial outlay followed by rentals rather than payments.
A Balanced Payment Plan offers the benefits of a fixed monthly payment, however unlike Hire Purchase, where the interest is fixed, Balanced Payments tracks the changes in the finance house base rate, LIBOR or bank base, depending on the agreement.
Vehicle Contract Hire is a funding method suitable for those companies and individuals registered for VAT – up to 100% of VAT can be reclaimed.
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