Contract Hire
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Fixed term
agreement - Contract Hire allows easy budgeting - the customer
knows what they have to pay, allowing them to plan ahead and control
costs. |
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Complete
Package - Includes delivery, maintenance, service and repairs,
removing the worry and expense for the customer |
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Off-balance
sheet finance - On qualifying agreements, the outstanding
rentals are not shown as liabilities on the customers balance sheet,
and therefore do not adversely impact the gearing ratios |
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Tax-efficient
- 100% rental allowable against tax. Improvement of financial
ratios such as gearing and return on capital |
Hire Purchase
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Ownership at
the end of the agreed term - Customer retains 100% of any future
sale proceeds |
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Negotiable
deposit - Reduced amount paid out up front, which means the
customer retains money for other areas of the business* |
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Entitlement to
writing down allowances - Customer pays less to the taxman
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Agreement is
secured on the asset being financed - There is no need for the
customer to provide additional security |
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Fixed
term/rate - Flexible tailored finance to suit your customers
needs. Customer knows exactly what they have to pay and when,
allowing them to plan ahead and retain control |
*for advice,
please consult your professional tax advisor. We do not provide tax and
accounting advice.
Finance Lease
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Simple and
quick to arrange - Less time wasted, more time for you to
concentrate on business |
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Two attractive
options at the end of the agreement - Gives customer options at
the end of the agreement allowing them to base the decision on
market conditions at the time. Customer can either continue use of
the equipment, or sell the equipment and receive the benefits of the
sales proceeds as a rebate |
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Customer
Control - customer responsible for maintenance, repair, service
and insurance |
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Secondary
lease period available - Nominal rentals beyond the end of the
agreement allowing you to continue using the vehicle - further
flexibility to suit you |
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Tax-efficient
- 100% rental allowable against tax. Improvement of financial
ratios such as gearing and return on capital |
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You profit
from the sale of the asset - Customer acts as the sales agent,
obtaining the majority of the proceeds, ideal for the deposit on the
next purchase |
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