Funding option to suit Non VAT registered businesses.
You chose the van and then simply rent it back over an agreed period. The van belongs to the finance company throughout the term of the agreement. At the end of the agreement, ownership can pass to you via a third party for a small sale proceeds figure.
Benefits of Lease Purchase:
Flexible Deposit
Flexible Duration
No upfront VAT - This is paid every month along with your monthly rentals.
You can claim the vat portion of the monthly payments back from HMRC.
Offset leasing interest charges against your profits.
Ideal for all types of businesses, where a low initial outlay is required.