When you buy from us, we understand it’s sometimes easier to spread the cost to ease cash flow and enable you to pay as you earn.
We work with FCA (Financial Conduct Authority) authorised broker The Oxford Funding Company who can help you spread the cost of your purchase over 2-5 years on lease finance. They are independent and shop around for the very best, most competitive finance packages for you – often getting a formal offer in less than 24 hours. Their service is free to use for our customers.
Quotes are all no obligation, quick and very easy to get. You can either call them direct on 01242 226662, or call us and we’ll pass on your details and ask that they call you.
The benefits of buying on finance
- You save on tax
Because leasing was set up under the Consumer Credit Act, you can claim tax back on 100% of your payments. This tax relief can exceed the finance charge (interest), meaning you could even pay less over the lease period than the upfront cash price.
- You can spread the cost
When you lease an item, you can choose to spread the cost over 2-5 years; whatever works best for you and your business. Because you’re not having a large cash outlay, you can keep your cash reserves for when you really need them.
- No hassle to set up
Setting up a lease is quick and simple. One call gets the ball rolling. The Oxford Funding Company shop around for the best deals for you and can get approval the same day. There’s no charge for their service and they pride themselves on an easy fuss-free experience.
- Fixed interest rate
With a fixed interest rate for the term of the lease, you are able to budget for the years ahead. It’s also far cheaper than using your business account’s overdraft.
- It’s all yours!
At the end of your lease period, there is a one-off charge (usually the same amount as your previous monthly payment) which will transfer the title of the equipment to you. Then the equipment is all yours.
If you’d like to see what the monthly payments would be on a certain item/package, give them a call. They will finance any item over £500. Alternatively, if you’d like a quick estimate on the monthly cost, use their online finance calculator here.
All finance is subject to status. Terms and conditions can be found at https://www.thefundingco.co.uk/terms-of-business/