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Finance

Lease/Purchase Finance can be a fantastic way to spread your costs and when we take you through the leasing procedure, the salesman you’re dealing with will explain to you how leasing is almost always cheaper than buying the equipment outright! We can offer you lease/purchase finance on any order over £1,000 + VAT, subject to the usual credit checks, through our broker, who we have worked with for over 11 years. The broker has access to many finance companies to try and tailor the finance to suit your individual needs.

A typical lease/purchase plan involves a 3 year payment plan, with a low 3 month deposit up front, followed by 33 monthly payments, starting approximately 1 month after delivery of the goods. The current finance rate is about £39.50 + VAT per month for every £1,000 borrowed, so for example, if the value of the order comes to £2,000 + VAT, the finance cost will be about £79 + VAT per month (or £3.05 + VAT per day based on your business trading 6 days per week, per year) and the 3 month deposit will be £237 + VAT. Then, at the end of the 3 year period, you would be required to make one further month’s payment in order to transfer title to the goods into your name.