We are here to manage your plant & equipment / asset finance with experience
Does your business require equipment to grow? Is your current fleet ageing and in need of an upgrade? Or do you simply want a new vehicle for yourself?
There are many options in the market, and it can often be daunting understanding which is the most appropriate for your situation.
Generally the most commonly utilised form of asset finance, resulting in the lessee owning the equipment at the end of the lease (generally through the payment of a residual sum). The terms of these facilities are variable (based upon the requirements of the client), and may be adjusted to suit the tax requirements or cashflow position of an individual / business on a case by case basis.
This form of finance treats the asset as an operating expense, rather than capitalising. There are taxation advantages to this option (pending sufficient business related usage), and generally servicing is included.
Chattel Mortgage / Hire Purchase
This is the preferred finance of choice for those wishing to own the asset and the completion of the lease. Terms are variable, and both fixed and variable interest rates can be applied.
This is generally the choice for those wishing to purchase a vehicle through salary sacrifice.
Speak to Flexible Capital about the right option for you.
Are you getting the best deal in terms of service and price from your bank?
Get in touch
Call us on 13 2 FLEXIBLE or request a call.