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Contract Purchase The business acquires the equipment by paying fixed monthly instalments with the asset being shown on the company balance sheet and can either retain ownership at the end of the contract or hand the equipment back Contact Glin Beames from Oxford Funding for more details: Lease Purchase / HP For non-VAT registered business or invidual that want eventual ownership of a machine. A funding agreement where ownership is acquired when all the payments, including the option to purchase have been made. Contact Glin Beames from Oxford Funding for more details: Contract Hire A very popular choice for VAT registered businesses as this is a VAT beneficial package, one regular payment covers all (including maintenance if required). At the end of the term, you just just hand back the machine or extend the hire, the choice is yours. Contact Glin Beames from Oxford Funding for more details: Finance Lease Ideal for VAT registered businesses that want to handle the admin of their equipment and have the asset shown on the balance sheet. A VAT beneficial option were ther hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the equipment. Contact Glin Beames from Oxford Funding for more details: |
