BUSINESS CONTRACT HIRE

The running cost of cars and Lcv’s is one of the biggest expenses for most businesses. If we add to that the risk of unknown depreciation then Contract Hire becomes an appealing option, controls one of your biggest expenses.

KEY FEATURES

• Deposit as little as 1 month
• No depreciation risk
• Improved cash flow
• Rentals allowable against taxable profit
• Fixed interest rate
• Accurate budgeting
• Off Balance Sheet
• Vat Fully 100% claimable (commercials)
• 50% claimable (cars)
• Maintenance can be included
• RFL included full term of contract

THINGS TO REMEMBER

• Early termination can be expensive
• Excess mileage is chargeable
• Return car must be well maintained
• Damage rechargeable (fair wear and tear)

Business Contract PurchaseFinance LeaseLease Purchase/Hire PurchasePersonal Finance