Contract Hire

Most popular form of financing providing fixed cost monthly rentals, while avoiding the financial risks of owning vehicles.

• Available for business and private users
• Flexible terms to suit your requirements with variable duration and mileage terms
• Maintenance of vehicles can be included in monthly rentals
  
• Deposit equivalent of either one months rental in advance or up to 50% of the vehicle cost
• Monthly rentals subject to VAT (VAT recoverable for VAT registered business on LCVs only)
• Simply hand the vehicle back at the end of the contract
  

Finance Lease

The benefits of ownership with minimum deposit and maximum flexibility, more suited to non-VAT registered business users.

• Deposit equivalent of either one months rental in advance or up to 50% of the vehicle cost
• Flexible repayment period to suit your requirements
  
• VAT is payable on every rental, then claimed back quarterly (if VAT registered)
• Rentals are 100% allowable against taxable profits on commercial vehicles
  
• You can defer a large payment to the end of the contract reducing monthly rental and aiding cash flow
• The vehicle is either sold or part-exchanged at end of contract and you receive majority of the sale proceeds dependent on the funder
• No mileage restrictions apply

Hire Purchase

When ownership is your priority then this is a cost-effective way to purchasing your own vehicle.

• Flexible repayment period to suit your requirements
• Deposit equivalent to the VAT of the vehicle (lower deposits available subject to credit approval)
• VAT deposit reclaimable (for VAT registered customers)
• 100% of interest charges can be offset against taxable profits
• Full ownership at the end of the contract

Contract Purchase

We give you a guaranteed future value so at the end of the contract you have the opportunity to either return the vehicle or retain it.

• Similar benefits to contract hire regarding fixed payments, flexible terms and maintenance option
• Guaranteed future value of the vehicle so no risk of depreciation
• Deposit equivalent to the VAT of the vehicle (lower deposits available subject to credit approval)
• VAT deposit reclaimable (for VAT registered customers)
• 100% of interest charges can be offset against taxable profits
• Full ownership at the end of the contract