Hire Purchase with Baloon Payment
.jpg "Hire Purchase with Baloon Payment")
Pay your agreed deposit as per hire purchase. Choose to make a final 'balloon' payment at the end of your contract to significantly reduce your monthly repayments.
Benefits to you:
- Ownership of vehicle
- Flexible deposit
- Repayments over a fixed period
- Fixed or variable interest rates
- Payments not subject to VAT
- Interest may be allowable against taxable profits
- Writing down allowances are claimable
- Vehicle appears as an asset on your balance sheet
- An additional line of credit
- Repayments in advance or arrears
.jpg "finance with ownership")
.jpg "flexible deposit")
.jpg "even greater flexiblility")
.jpg "keeping your monthly payments lower")
.jpg "improved cashflow")
.jpg "reduced capital expenditure")
.jpg "fleet management services")
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