Agreements We Offer
Not all businesses are the same and the type of finance agreements required may vary.
Finance Lease
A finance lease is a way of acquiring equipment and paying for it over its useful working life. The customer chooses the equipment; the finance company buys the equipment on behalf of the customer and agrees to lease it back to them over a term they decide, dependent on their cash flow or budget requirements. Payments may be fully tax allowable.
Hire Purchase
Hire purchase is suitable for any equipment a business wishes to own and that may have a useful life or worth beyond the finance agreement term. Such as vehicles and high value equipment. If a business wishes to buy, then HP can provide a flexible and cost effective alternative to obtaining a bank loan or using an over draft facility as funding.
Staged Payment Lease
This agreement is the same as a finance lease, it is used when a supplier requires a deposit payment to secure the order, so avoiding large upfront payments. Usually there is a payment on order, payment on equipment being built/delivered and the final payment is paid once all the equipment has been fully installed and you are happy to sign it off as complete.
Maintenance Inclusive Lease
This agreement allows the customer to make one regular monthly/quarterly payment which would include both the equipment cost and the maintenance costs for the period of the agreement, allowing the customer to manage their budgets with ease.
Sale & Leaseback
A sale & leaseback agreement is when a company can raise money from the sale of recently purchased assets, whilst still retaining the use of them. Assets must have been purchased within the last 3-6 months to consider this option.
Master Finance Lease
This is an ideal agreement for companies who are having equipment installed at different times. You sign one agreement with addendums. The payment of each addendum will be added to the original master lease , making one periodic payment.
