Vehicle and Equipment Finance
There is a range of finance options available for you to purchase and finance vehicles or plant and equipment.

Finance Lease
This option allow you to finance your new vehicle or equipment with a lease for an agreed period. You simply make a series of payments, structured to suit your cash flow. The cost of these payments may be tax deductible and you can choose to pay out the residual at the end of the lease.

Operating Lease
This option allows you to pay for the rental of the vehicle or equipment with no obligation to purchase at the end of the lease. In fact, you have numerous options at the end of the term. An operating lease can provide scope to improve business performance ratios and provide efficient capital utilisation.

Commercial Hire Purchase/Bill of Sale/Chattel Mortgage
Similar to a Finance Lease, this option provides you with immediate use of the vehicle or equipment in exchange for making regular payments over an agreed term. Payments can be structured to fit your cash flow and you may be able to depreciate the value of the vehicle or equipment for tax purposes. You can fully amortise the debt or reduce it to a final balloon payment at the end of the contract.