Once the rental period has ended, for a nominal option to purchase fee, you own the equipment. It is also highly tax efficient. During the rental period you are able to claim capital allowances with the interest elements also subject to tax relief.
Often the preferred option when using asset finance as it includes accelerated tax relief in comparison to lease purchase. Once the lease term has ended you do not own the equipment.
On assets up to a year old, capital in your existing equipment is released back into your business with an immediate cash injection, you then lease the equipment back over an agreed term.
Any current unencumbered asset, which you own and has a strong residual value, can have capital released against it.
Purchase of a vehicle through contract hire, contract purchase or lease rental.
Where there is no asset security this may be a preferred option.
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Capital Options can finance any equipment and the income it generates or the cost savings made can help you to maximise your working capital.
You can apply for business finance online now using our application form, call us on 07710 421459 or Email Us