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Vehicle Finance Options
Funding options to suit your business
- Contract hire
- Finance lease
Meeting your needs
We believe in building strong relationships with our customers. The key to this is our willingness to listen to your specific needs - and then create the finance option that meets them. Here are just some of the finance options available to you.
Contract hire (provided by Lex Autolease)
Make budgeting simple with fixed monthly costs over the life of your contract. With payments generally lower than the equivalent hire purchase deal, you might also wish to add on one of our maintenance and servicing contracts. Because the asset remains off your balance sheet, your cash flow isn't compromised and you avoid any depreciation costs.
Finance lease
With finance lease, we pay for the asset (thereby owning it), and lease it to you in return for rental payments. At the end of our agreement, anywhere between one and seven years, you have two options: you can either extend the rental period, paying a nominal rent, or sell the asset and retain a portion of the proceeds. Although you are unable to claim capital allowances on the asset, you can normally offset the rentals against taxable profits, in line with your accounting depreciation.
Find out more
To discuss the vehicle finance option that suits you best, please call 0845 8500 138 (Mon - Fri 9am - 5pm)†