Leasing & Hire Purchase

Hire Purchase or Finance Leasing are simply means of acquiring assets for a business without having to pay for those assets up front. They can also be a means of spreading the agreed value over a period of time.

In the case of Hire Purchase the assets become the property of the Lessee at the end of the HP Contract.

With Finance Leasing the Asset remains the property of the Lessor both during and at the end of the Leasing period. In many such cases a secondary, low cost, rental or sale to a third party is subsequently agreed.

There is also a difference in the treatment of VAT, which in itself can be important to your decision as to whether you choose Hire Purchase or Leasing.
The choice of the right leasing option and the most suitable partner (Lessor) can be confusing to say the least. That is where we can help you.

Business Finance Services can organise Hire Purchase or Leasing to suit a client’s needs

Whether it be vehicles, new plant or equipment we can introduce you to Lenders who go where many of the big banks fear to tread!

Result – Greater flexibility to meet our client’s exact needs.
Business Finance Services Can arrange end-user leasing or leaseback facilities

Case Study: "A medium sized manufacturing company needed to raise around £400K quickly to finance some short-term costs arising from rationalisation of the business. Having looked at their options, we determined that they owned a large item of plant worth in excess of the amount required. We were able to introduce them to a leasing company that set up a leaseback arrangement for them within a matter of weeks."

Result – Injection of £400K into our client’s cash flow.
Business Finance Services Can help in setting up Vendor leasing packages

Case Study: "We were approached by a UK offshoot of an American company involved in the manufacture and supply of specialised trailers. The UK Company was arranging to launch the range in both the UK and Europe and asked if we could help to arrange a leasing facility for their clients. Because the products are highly specialised many leasing companies would not consider them. Despite this we were able to identify suitable leasing partners and were able to work with our client to negotiate very good leasing packages to offer to the end users."

Result – Substantial assistance to the product launch
If you are considering purchasing vehicles or equipment by Hire Purchase or Leasing and would like advice on your best options or if you would like to offer such a facility to your clients, call us for a no obligation consultation on Freephone 0800 093 5240.
For details of the information that will be required before an HP or Leasing application can be considered, simply click on the button below. If you already have the details on the equipment concerned you can help us by printing out the form, completing the information and faxing it back to us on 01327 349666.

Business Financial Services Ltd
enquiries@bufinserv.co.uk
C.C.L. Number 517572
29 Brockhall Road / Flore
Northamptonshire / UK / NN7 4NG
Telephone: 01327 349779  / Fax: 01327 349666
Bradley House / Bradley Cross / Cheddar
Somerset / UK / BS27 3YP
Telephone: 01934 740333 /Fax: 01934 740333