At RF Lifting & Access Ltd, we have several options when it comes to finance:

 

Hire Purchase Benefits

  • More time to repay – Spread the cost over the life of the asset
  • Seasonality – We can structure repayments to take account of seasonal fluctuations in your cash flow
  • Keep control – You are the owner of the asset for tax purposes and can normally claim capital allowances
  • Tax efficient – You can offset your hire purchase interest and charges against pre-tax profits
  • Reclaim VAT on the capital cost

 

Finance Lease Benefits

  • Low initial outlay – Quick access to the asset you need without a heavy upfront investment
  • Flexibility – Rental payments and lease periods can be designed to match your cash flow
  • Cash back – Receive most of the income from selling the asset if you choose to do so at the end of the lease
  • Tax efficient – Rentals can usually be offset against pre-tax profits
  • Reduce costs – Reclaim VAT on rentals

 

Operating Lease Benefits

  • Low initial outlay – Quick access to the asset you need without a heavy upfront investment
  • Freedom – Full use of the asset without having to buy it outright
  • Flexibility – Option to re-rent, purchase or return the asset at the end of the term
  • Pay less – Rental cost is reduced as it is based on a percentage of the original capital cost
  • Off balance sheet funding (at present)
  • Reduce costs – Reclaim VAT on rentals