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