Pounds & Pence

Making a decision on what piece of equipment to buy is one thing, but then you have to decide how the finance the thing……………

Below is a quick summary of the main options available when purchasing equipment.
We would be happy to discuss the various options further and to put you in direct contact with finance specialists with in depth knowledge of the printing industry.  

Hire Purchase

Exclusive use of the equipment purchased with repayments spread over an agreed term. T
he full VAT is payable in advance along with any deposit.
Interest is fixed so the repayments remain the same throughout the Agreement.
There is an option to purchase the equipment at the end of the Agreement for a small fee.  

Lease

Exclusive use of the equipment acquired with repayments spread over an agreed term.
An advance rental plus VAT may be required and all subsequent rentals attract VAT as they fall due.
Repayments are calculated to maintain the same amount throughout the Agreement.
At the end of the Agreement you may continue to hire the equipment or a sale can be arranged  

Lease Purchase

This has all the benefits of hire Purchase including the treatment of VAT but has the repayment profile of a lease.