Please ask us if we haven't listed what you need to finance.
All these goods can be financed by either a Lease Agreement, Hire Purchase Agreement or a Bill of Sale/Chattel Mortgage. You need to check with your Accountant as to which contract best suits your financial needs. Each contract has different Tax treatment.
Can you finance used Equipment? | Yes, generally the finance company will accept used Equipment. |
Can you finance Equipment that is purchased through a Private Sale? | Yes. |
How long a term can you get? | Loan contracts are generally between 1 - 5 years, however for larger items you can extend out to 7 years. |
What is a Balloon Value/Residual Value? | Basically this is defined as the approximate market value of the goods at the end of the contract. It is money that is still required to be paid by you. |