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Vehicle Contract Hire / Contract Purchase

We offer excellent rates and we have pre negotiated preferential terms to pass on to you.
So why not Request a Quote or call us on 0845 051 4588 today to discuss your requirements whether it be Contract Hire, Hire Purchase, Lease or even Outright Purchase.

Contract Hire

The solution for companies who want to concentrate on important business activities and avoid the financial risk and administrative burden of owning their vehicle fleet.

• Fixed rentals for the whole package making budget planning easier.
• Flexible terms to meet their requirements, variable duration and mileage terms.
• Maintenance of vehicles can be included in monthly rentals, spreading the cost.
• Removes depreciating assets from the customer’s balance sheet.
• Removes the associated risks of owning the vehicles.
• 50% VAT reclaimable on the finance element of agreement, 100% on the maintenance element, applicable if the vehicle is for business and private use.
• 100% of the VAT is recoverable on both the finance and maintenance elements of the agreement - applicable if vehicle is used solely for business purposes.
• Flexible invoice arrangements to reduce administration.

 

Contract Purchase

The solution for companies who want to own their vehicles but want to avoid the risk of depreciating assets:

• Similar benefits to contract hire regarding fixed payments and flexible terms.
• Maintenance and added value services can be included if required.
• The finance company will guarantee the resale value of the vehicle at the end of the contract purchase agreement for a known, fixed amount.
• Ownership passes to the customer at the end of the agreement when all payments have been made.

 

Sale & Lease Back

The solution for companies who want to release the capital tied up in existing fleets straight into company reserves and remove company vehicles from the balance sheet.

The finance company can purchase their existing fleet, dependent on the book value and specific requirements, and lease, or contract hire them back to the customer for the remainder of an agreed term.

• Vehicles purchased for cash by the finance company in a simple paper transaction.
• Cash injection into other projects allowing improvements on various gearing ratios.
• Removal of vehicles from the balance sheet.
• New for Old - clients can benefit from our disposal routes to release the cash value of those vehicles and replace them with new vehicles under contract hire from the finance company.
• All the benefits of contract hire.

The Next Step

If you looking for business funding, why don't you contact us?

Phone us at 0845 051 4588 or complete the online enquiry form

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© Business Finance Plus Ltd 2010
Business Finance Plus Ltd, Castle Court 2, Castlegate Way, Dudley, West Midlands, DY1 4RH
Tel: 0845 051 4588 · Fax: 0845 051 4589 · Email: info@businessfinanceplus.co.uk
Reg No. 4822723 (England & Wales) Reg Office: Castle Court 2, Castlegate Way, Dudley, West Midlands, DY1 4RH