LEASE PURCHASE (LP) FOR COMPANIES

Lease Purchase for Companies

A more sophisticated method of funding which works on a similar principle to HP (hire purchase) but with a differed large payment at the end of the agreement for the purpose of improving cash flow. Lease Purchase agreements can also be settled early.

Best suited to companies who:

Have specific monthly budgets or may want a lower monthly payment than Hire Purchase
Want to invest a low deposit
Typically change cars regularly and have short change cycles
Have employees opting out of the company car scheme
Want to maximise on issues of tax relief and positive cash flow

The vehicle will appear on the company balance sheet and tax relief can be gained by:

Writing down the asset
Offsetting interest against tax
Claiming for running costs
Taking a balancing charge at disposal

Terms and Conditions: See disclaimer sections (1) (2) (8)

DETAILED AND INFORMED ADVICE

Premier Finance Services Ltd is a licensed credit brokerage specialising in arranging finance to customers buying motor cars from dealers nationwide. With over 25 years experience in financing, we can tailor an individual funding package to suit all needs be it for private individuals wanting to protect their personal investments when buying a car, or wanting to use their cars for business purposes as well as for pleasure.

Our services extend to companies or fleet managers where we assist by advising on best methods of financing cars according to budgets required, balance sheet issues or wanting to maximise on tax relief. We can assist our clients with matters of taxation on cars by clarifying company car tax and indicating tax benefits that can be obtained by people using a private car for business.

Companies acquiring cars for their staff either as company cars or who want to offer their employees a monthly allowance instead, often look for guidance on what to do and how to do it, where again we can step in and offer informed advice and arrange corporate finance packages to suit.

FINANCE AVAILABLE FOR:

  • Light aircraft

  • Equipment purchases

  • Classic cars

  • Pleasure boats

  • Yachts

  • Commercial vehicles

At Premier, we have dedicated experts who deal with Asset Finance for companies financing equipment purchases, Marine Finance for purchasing boats and Aviation Finance for purchasing aircraft along with our auto experts for Classic Car Finance and Truck Finance.

Click here for our office contact details

Truck Finance    Classic Car Finance   Aviation Finance Marine Finance   Disclaimers Data Privacy

Copyright © 2001-2007 Premier Finance Services Ltd. Privacy policy.

Premier Finance Services Ltd is registered in England and Wales. Registration number 4241191
registered address; Sovereign House, 155 High Street, Aldershot, Hampshire, GU11 1TT.