It is very easy to confuse this product with a lease.
Non Status Commercial Lease Purchase is practically identical to Non Status 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 Non Status Commercial hire purchase agreement would have a 10% deposit followed by 36 monthly repayments. The equivalent Non Status 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 Non Status Commercial Lease Purchase, your eligibility for the VAT and writing down allowances is exactly the same as for a Non Status Commercial hire purchase, and you can expect the fee structure to be the same.
Again, Non Status 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 Non Status Commercial Lease Purchase Contact Form for more Non Status Commercial Lease Purchase details or call 0800 0735353.
Sterling Capital Reserve are specialists in all forms of Non Status Commercial Asset Finance from Non Status Commercial Asset Capital Finance to Non Status Commercial Computer Asset Finance. This service is also called Non Status Commercial Asset Funding or Non Status Commercial Asset Based Finance.
Asset Finance covers Non Status Commercial Contract Purchase like Non Status Commercial Vehicle Finance, Non Status Commercial Hire Purchase, Non Status Commercial lease purchase or Non Status Commercial Leasing and Non Status Commercial Leasing and Asset Finance.
Asset Finance services can also be used for Non Status 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.
