Hire / Lease Purchase is a method of funding where you will ultimatley own the trailer. You pay a fixed monthly amount over a specific period of time, which will cover the original cost of the trailer plus the interest charges due.

Your accountant will treat the trailer as 'on' balance sheet and you will normally be able to claim tax writing down allowances, offset the interest element of the finance agreement against taxable profit and reclaim the VAT paid.

If our standard arrangement is not suitable for your business needs we are able to customise an agreement to cover quarterly, half annual or annual payments, balloon payments, larger deposits, seasonal cash-flow trends, etc. - just ask!