Lease Purchase, Hire Purchae, Asset Finance.

Offering the taxation and ownership benefits of a Hire Purchase together with the repayment profile of a lease agreement, Lease Purchase is a great way of buying assets which have a strong and predictable residual value.

Typically the initial deposit is kept to a minimum and the monthly repayments based upon anticipated depreciation rather than the total cost of the goods.

Available over 12 to 60 months, this type of agreement has a final balloon payment that falls due at the end of a Lease Purchase agreement and is normally met from the sale proceeds of the goods.

From a cash-flow perspective Lease Purchase offers a low deposit and low monthly repayments, which for many businesses make it ideal.

From a tax perspective, Lease Purchase works well for Vans, Trucks and Commercial Vehicles. Partnerships and Sole Traders that can still place their cars into a single asset pool will also find this a good option.

Call us today if you would like to know more about Lease Purchase.

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