ASSET FINANCE

Benefits of Asset Finance

  • Accurate budgeting
  • Minimum capital expenditure – invest in your business, not depreciating assets
  • Improved cashflow
  • Fixed interest rates
  • Operational flexibility: no mileage/usage or condition restrictions: (though if a Balloon is set it needs to be realistic)
  • On Hire Purchase, Capital Allowances are offset against taxable income for Corporation Tax
  • Finance Lease rentals are offset against taxable income for Corporation Tax
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