Business Contract Hire
Enjoy driving the latest new vehicle.
Small initial deposit – this will free up your capital.
Fixed monthly payments – you pay an agreed amount each month throughout your contract. This can assist you in controlling your vehicle cost and improve cash flow.
Tax efficient – all the rentals made under the lease agreement are treated as an operating cost and therefore can reduce the taxable profit on the business by as much as 100% of the total rental payable.
Off Balance Sheet Funding – this frees up your credit lines and allows you to invest into your business.
Reduce Administration – no more having to haggle for the best purchase price and no more problems with selling your vehicle. At the end of the contract you simply hand the vehicle back without the worrying of how much it might be worth, and select a new one. Maintenance – this can be added to the contract and encompass the service, maintenance, repairs which also includes tyres.