Leasing
Typically offered over one to five years, Leases are an effective way of obtaining the use of equipment through a finance agreement that is gentle on cash flow.
All lease rentals paid can be offset against tax and are subject to VAT.
A big advantage to you is that Leases only attract VAT against payments made, Therefore, as opposed to Hire Purchase which usually requires the whole of the assets VAT to be paid with the deposit. Instead, the initial rental (ie 10%) is the element that attracts VAT
Lease Purchase
Lease purchase agreements are similar to a hire purchase agreement however the main difference is that is can be setup with either a small or no deposit.
Different types of agreements are available to suit all of our customers and the type of assets you may wish to acquire.