It is very easy to confuse this product with a lease.
Best Value Commercial Lease Purchase is practically identical to Best Value Commercial Hire Purchase, the only difference being that instead of paying a deposit of 10-15% you typically pay a deposit as a multiple of the repayments. The remaining balance and interest is repaid in instalments. The number of instalments is defined by the pause.
As an example, a Best Value Commercial hire purchase agreement would have a 10% deposit followed by 36 monthly repayments. The equivalent Best Value Commercial Lease Purchase would have a profile of 3 payments in advance followed by 33 (if terminal pause) or 35 (if spread pause) monthly repayments.
With a Best Value Commercial Lease Purchase, your eligibility for the VAT and writing down allowances is exactly the same as for a Best Value Commercial hire purchase, and you can expect the fee structure to be the same.
Again, Best Value Commercial Lease Purchase agreements can be based on a fixed or variable rate, and the monthly commitment can be reduced by the inclusion of a balloon. Use our Online Best Value Commercial Lease Purchase Contact Form for more Best Value Commercial Lease Purchase details or call 0800 0735353.
Sterling Capital Reserve are specialists in all forms of Best Value Commercial Asset Finance from Best Value Commercial Asset Capital Finance to Best Value Commercial Computer Asset Finance. This service is also called Best Value Commercial Asset Funding or Best Value Commercial Asset Based Finance.
Asset Finance covers Best Value Commercial Contract Purchase like Best Value Commercial Vehicle Finance, Best Value Commercial Hire Purchase, Best Value Commercial Lease purchase or Best Value Commercial Leasing and Best Value Commercial Leasing and Asset Finance.
Asset Finance services can also be used for Best Value Commercial Capital Raising.
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Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Commercial Asset Finance Deal.
