Hire & lease purchase
A straightforward repayment facility providing outright ownership at the end of your agreement. Repayments can be fixed and structured in a flexible way; i.e. balloon or final lump sum can be applied to reduce the monthly repayment.
Key features and benefits:
Preserves cash flow – offers the obvious cash flow benefits of paying in installments.
Tax efficiency – as a business can claim writing down allowances and can offset interest payments against taxable profits.
Flexible – we can tailor deposits, periods and repayments to suit your specific personal or business requirements.
Balanced payment plans:
A variable interest rate with fixed repayments. When base rates fluctuate, only the number of repayments varies but the amount stays the same, thus helping your administration and budgeting.