If you require equipment finance, the most popular way to fund asset purchasing is through hire purchase which will give your business complete ownership of the asset once your agreement is paid in full. VAT is requested in advance but, subject to status, can be deferred to ease initial cash flow outlay. Terms are flexible from 12-84 months, and both new and used equipment can be considered. Contact us today at Liquid Corporate Finance to discuss how hire purchase could work for your business.
- Fixed payments over terms to suit your business
- Spread the cost over the life of the asset
- Claim capital allowances on the asset you purchase
- Offset interest charges against pre-tax profits
- Take ownership of the asset once payments are complete