Lease Purchase

Lease purchase allows you to buy equipment or assets, pay for them over time, and own them once you have made all the repayments. This is a flexible agreement designed to help your cashflow and benefit from the tax relief available through capital allowances. Monthly or quarterly payments are calculated to match your budget at the start of the term and fixed for the desired period between 24 and 84 months. No deposit is required and if you aren’t VAT registered the VAT is included in the purchase calculation and spread over the agreement term.

100% tax relief over the term by means of capital allowance benefits
Fixed monthly or quarterly payments
No deposit and no capital budget outlay
Unsecured facility leaving bank facilities available for other projects

Proposal Form