A great way to purchase new equipment or upgrade your existing assets without having to outlay the initial VAT is through finance lease. VAT will instead be spread across monthly rental instalments. The asset will not show as ‘owned’ on your balance sheet but instead count as a monthly expense. Like hire purchase, terms from 12-84 months are available, subject to approval. Contact us today at Liquid Corporate Finance if you are seeking equipment finance.
- Low up front outlay as VAT is spread across each monthly payment
- Offset Rentals against pre-tax profits
- Flexible terms and periods can be worked around your cashflow
- VAT may be claimed against monthly rentals
- Options available at the end of the agreement