Vehicle and asset finance

Pay for assets in regular instalments and take ownership as soon as payment is complete.

What you get

• Automatic ownership once final payment is made
• Flexible deal structuring if the asset is used to generate income
• Fully negotiable repayment terms
• The option to add credit life, and insurance for damage or loss of goods
• Repay your VAT upfront or over the loan term
• Claim wear-and-tear allowances and interest against tax 
• Your interest may be linked to a reference rate, such as the prime overdraft rate
• We can structure your repayments to include a balloon payment

This solution offers your business several advantages, from lower upfront costs to fixed monthly expenses and the ability to scale your fleet with more ease. 

What you get

• At the end of the agreement, you'll have the choice to sell, return or purchase the vehicle or enter into a new agreement with the bank
• Lease, rentals and operating costs are deductible for income tax purposes
• Your VAT is included in the principal debt, which is repaid over the agreed term of the facility
• Switch to newer vehicle models, or add or remove vehicles from your fleet in less time, with less admin

Improve productivity with a dedicated car rental for your business. 

What you get

• A fixed monthly fee and minimised car maintance costs
• The flexibility to upgrade to newer models and to add to or reduce your fleet as and when required
• Simplified accounting, as your VAT is separated from the principal debt
• As rental payments are typically considered operating expenses, they can be fully deducted from taxable income, reducing your overall tax liability