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Investing in containers, portable or modular buildings can tie up valuable cash reserves. Asset finance is a common and flexible way to finance your project enabling your business to grow.
Typically with a small deposit payment upfront and easy-to-manage instalments over an agreed term, financing can be a simple and cash positive solution over the useful life of the asset.
This simple form of finance enables you to purchase an asset by spreading the cost over a set period of time. You pay the lender monthly and at the end of that set period, the asset is yours to keep forever. You are responsible for the maintenance and upkeep of the vehicle as if it was yours from the outset. Tax wise, this appears on your balance sheet as an asset from day one.
With finance lease the lender buys the item and you pay monthly to rent it for a set length of time. Once that time period ends you can either extend the lease, upgrade to a newer asset, pay the remainder owed to buy it outright, or just give it back to the lender. Tax wise, this is an operating cost and is often written off against gross profit.
Dainton Group Services works closely with a number of established and independent UK finance houses. To obtain more details simply complete your details below:
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