You’ll usually pay an initial deposit, then pay off the asset's full value through monthly payments. Once the final agreed payment is made, you can own the asset.
Structure payments to fit with your cashflow needs
Reduce monthly payments by opting for a final lump sum – a balloon payment
Choose between fixed or variable rates, whichever suits you best
Reduce tax payments – It may be possible to offset repayment interest against your business profits and claim back VAT. Allowances and capital grants may also be claimable on your agreement. (Special Rules may apply.)