Commercial Financing
Your equipment operates in a tough environment. We provide easy to arrange financing that gives you the flexibility to update equipment more often. More up to date equipment means lower maintenance and fuel expenses, freeing operating capital to grow your business.
Hire Purchase
HP is a well-established method of financing the purchase of a machine. The customer pays any initial deposit, plus the VAT on the balance to pay when signing the agreement. The remainder of the balance and any interest is paid of the period of time usually between 1 and 5 years. The remaining payments are free of any VAT.
Finance Lease
The leasing company buys and owns the asset and the customer has the benefit of using the asset. The customer hires the asset and pays the leasing company primary period rentals with VAT being paid on each rental.
Operating Lease
Operating lease involves the customer paying rentals for the use of an asset, over a period of time which is less than its useful economic life. The customer never own any value in the machine but is usually responsible for insuring it at its replacement value.
Contract Hire
Contract Hire is essentially an operating lease but the customer had added services included within the rental price such as a maintenance and repair contract.
Call us on 01482 636200 or email enquiry@fgadamsonandson.co.uk to speak to our commercial sales about financing new equipment.
