Help & info • Business Finance
- Contract Hire
- Finance Lease
- Contract Purchase
- Hire Purchase / Lease Purchase
- Outright Cash Purchase
- Company-wide PCP Scheme
Contract Hire
A fixed-period contract where you hand the vehicle back at the end of the contract.
- No risk of depreciation
- No disposal problems
- Off balance sheet funding
- 100% VAT-recoverable for sole business use, or 50% VAT-recoverable for mixed business/private use
- Road Tax is included for the duration of the contract, and maintenance, warranty and breakdown packages can be added on - one single payment covers all your vehicle costs
Finance Lease
An extremely flexible agreement with the option to retain or sell the vehicle at any point during or at the end of the contract.
- 100% VAT-recoverable for sole business use, or 50% VAT-recoverable for mixed business/private use
- Flexible - upgrade or sell the vehicle at any point in the contract
Appears as an asset on the balance sheet - Allows you to benefit from the equity in the vehicle
Optional Road Tax, maintenance, warranty and breakdown packages available
Contract Purchase
Contract Purchase gives you the option to purchase the vehicle at the end of the contract, or simply hand back and walk away.
- No depreciation risks or disposal problems
- Full ownership of the vehicle if you choose to purchase
- Appears as an asset on the balance sheet
- Optional Road Tax, maintenance, warranty and breakdown packages are available
Hire Purchase / Lease Purchase
A straightforward agreement where you own the vehicle after all the payments have been made.
- Appears as an asset on the balance sheet
- Optional Road Tax, maintenance, warranty and breakdown packages available
Help & info
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Repayment calculator
Simply enter the amount you wish to borrow, how long for and press 'Calculate' to see the monthly repayments. Our current flat rate is only 5.0%.
