Commercial Asset Finance

All businesses need regular capital investment to replace or update valuable equipment. At Purely Commercial Mortgages we arrange asset finance which will help your business by:

• Enabling you to conserve your capital whilst giving you immediate access to the equipment
• Helping you to manage your budget more effectively with fixed monthly payments
• Allowing you to use your capital to finance additional working capital

Purely Commercial Mortgages will help in providing flexible finance to customers based across the UK in many sectors, including:

• Manufacturing
• Construction
• Transport
• Printing
• Engineering
• Professional practices
• Vehicle and plant hire
• Local Authorities

Additional Info on Flexible Finance Options

Hire Purchase / Lease Purchase
These are straightforward repayment agreements where you ultimately own the asset. The key benefits include:

• Ownership, which generally carries the potential for claiming writing-down allowances and/or capital grants, including enhanced first year allowances.
• The asset appears on your balance sheet.
• VAT on the cost of the asset is generally reclaimable, although special rules apply for company cars.

Finance Lease
These agreements are a popular and flexible method of funding a broad range of business assets. Finance leasing offers all the practical benefits of ownership, without any of the potential burdens. The key benefits include:

• The flexible repayment structure gives you immediate and full use of the asset for a minimal outlay.
• Rentals can be matched to your cash flow.
• Rentals can generally be offset against taxable profit, although special rules apply for company cars.