Own the asset but spread the cost
Broaden the range of options available to you: replace old or outdated equipment, expand your product offering with new machinery, or update your business vehicles, whilst avoiding the significant impact of large upfront payments on your company’s cash flow.
Key benefits of hire purchase for business assets include:
Retain the rights of ownership, with the cost spread over time
Manageable monthly instalments
Tax efficient, with interest and charges offsetable against pre-tax profits
Flexible deposit options and seasonal payment plans available
Financing solutions to enable businesses to grow
Asset finance can help a wide range of businesses, providing funding for a vast array of assets
Making budgeting easier, with potential tax benefits too.
Arrangements tailored to the needs of your business.
Decisions turned around quickly, funds can be available within days
Utilise the knowledge of the Praetura experts to find out more:
Leasing can be arranged for a wide range of ‘hard assets’ including:
Vans, lorries and trucks
Mini-buses, buses and coaches
Classic, luxury and performance cars
Waste and recycling
Entertainment and leisure
Packaging and more!