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