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