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