Sourcing finance, Supporting Growth
Business loans and asset finance for equipment, growth and cash flow
Sourcing finance, Supporting growth
Business loans and asset finance for equipment, growth and cash flow
Finance lease
Are you looking to purchase equipment on a finance lease?
A finance lease by definition is a financial agreement in which a finance company pays for equipment that a customer wants, such as a vehicle or a coffee machine, and the customer pays them ‘rent’ to use it.
Depending on the agreement, the customer may own the goods or buy them for a reduced price at the end of the lease.
Finance lease rentals are, as writing this, 100% tax allowable and there are circumstances where it is still the most tax efficient option compared to alternative asset finance agreements, such as hire purchase.
Businesses may choose a finance lease over a hire purchase agreement as they will be able to spread the cost of the VAT over monthly payments, or because they can show the finance lease as an operating cost and offset the rentals against profit.
Typically, a funder will agree an initial rental period with your business, where the agreed fixed monthly payments cover the capital cost plus interest.
At the end of this initial rental period you may be given a few options. Continue to lease / rent the asset, in to what is known as secondary rentals (at times cheaper than the original payments).
Sell the asset and potentially keep a share of the sale price or return the asset to the finance company.
Are you looking to purchase equipment on a finance lease?
A finance lease by definition is a financial agreement in which a finance company pays for equipment that a customer wants, such as a vehicle or a coffee machine, and the customer pays them ‘rent’ to use it.
Depending on the agreement, the customer may own the goods or buy them for a reduced price at the end of the lease.
Finance lease rentals are, as writing this, 100% tax allowable and there are circumstances where it is still the most tax efficient option compared to alternative asset finance agreements, such as hire purchase.
Businesses may choose a finance lease over a hire purchase agreement as they will be able to spread the cost of the VAT over monthly payments, or because they can show the finance lease as an operating cost and offset the rentals against profit.
Typically, a funder will agree an initial rental period with your business, where the agreed fixed monthly payments cover the capital cost plus interest.
At the end of this initial rental period you may be given a few options. Continue to lease / rent the asset, in to what is known as secondary rentals (at times cheaper than the original payments).
Sell the asset and potentially keep a share of the sale price or return the asset to the finance company.
We can offer the following asset finance options:
Helping you find the right finance for your business
At The Funding Store we know our finance, and we know how important it is for small businesses to access the right finance, at the right time.
Put our team to the test. Contact us today and let’s talk about your specific needs. We will then set about finding the right finance for your business, all without obligation of course.
Helping you find the right finance for your business
At The Funding Store we know our finance, and we know how important it is for small businesses to access the right finance, at the right time.
Put our team to the test. Contact us today and let’s talk about your specific needs. We will then set about finding the right finance for your business, all without obligation of course.
How it works
How it works
Why use The Funding Store?
We Build Relationships
We are continually reviewing funding providers to bring you choice, competitive rates and flexibility allowing you to access the right finance, at the right time.
Dedicated Account Managers
Most importantly, we are passionate about what we do. This is evident in our enthusiasm and commitment to assisting you at each stage and after you have secured your finance.
Why use The Funding Store?
We Build Relationships
We are continually reviewing funding providers to bring you choice, competitive rates and flexibility allowing you to access the right finance, at the right time.
Dedicated Account Managers
Most importantly, we are passionate about what we do. This is evident in our enthusiasm and commitment to assisting you at each stage and after you have secured your finance.
Finance lease specialists
We help all types of businesses to access asset finance. By connecting you with an extensive panel of reputable lenders, our team can bring you choice and competitive asset finance.
If you have any questions on how asset finance might work for your business please do get in touch with our team, we will be pleased to help.
Based in Milton Keynes, our team are fast moving and the application process is simple and fast, and without upfront fees for your finance.
We are open 7 days a week, so contact us today via our online contact forms and we will get back to you as quickly as we can.
Finance lease specialists
We help all types of businesses to access asset finance. By connecting you with an extensive panel of reputable lenders, our team can bring you choice and competitive asset finance.
If you have any questions on how asset finance might work for your business please do get in touch with our team, we will be pleased to help.
Based in Milton Keynes, our team are fast moving and the application process is simple and fast, and without upfront fees for your finance.
We are open 7 days a week, so contact us today via our online contact forms and we will get back to you as quickly as we can.
