A simple repayment facility that allows outright ownership at the end of the agreement. The repayments can be fixed or flexible and can include a residual balancing payment (or balloon), that can be used to reduce monthly rentals.
Features & Benefits:
Features & Benefits:
- Flexibility - this product can be structured with varying deposits, periods and repayments to suit your specific requirements
- Tax-efficiency - as a business can claim writing down allowances and can offset interest payments against taxable profits
- Preserves cashflow - offers the obvious cashflow benefits of paying in instalments