A straightforward repayment facility providing outright ownership at the end of the agreement. Repayments can be fixed and structured in a flexible way i.e. a balloon or final lump sum can be applied to reduce the monthly repayment.
Key Features & benefits:
Preserves cashflow - offers the obvious cashflow benefits of paying in instalments.
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 Payments Plan:
A variable interest rate but 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.
Hire Purchase / Lease
Purchase
