The decision to purchase or hire equipment can sometimes be daunting. We have a team of finance experts available explain the benefits of lease purchase, finance lease and contract hire and tailor a package that is the most advantageous for your business. You will find our contract hire and leasing options competitive financing solutions.
Conserves cash for your business
Financing enables you to acquire equipment, without having to make a lump sum payment allowing you to invest cash elsewhere in your business. A fixed rental cost also allows you to budget more accurately thus allowing for more accurate cash flow projections.
When opting for a contract hire agreement, the rentals can be deducted as pre-tax business expenses.
Unlike capital expenditures financed by borrowing, a contract hire facility is technically “off balance sheet”.