Leasing a Fridge Van
Finance Relationships
As a fully licenced credit broker Fridge Van Lease is able to put together a contract hire package to suit you. We have nurtured relationships with some of the largest financial businesses in the UK and currently have a portfolio of over 10 finance companies actively looking for new business for long term contract hire.
We will guide you through the process of applying for the finance in the first place, completing all the paperwork and, finally, getting the paperwork to the finance company.
Contract Hire Features
| Period | 24 -60 months |
| Deposit | 3 in advance |
| Rate Type | Fixed |
| Tax Benefits | Rentals are generally wholly allowable as a business expense against taxable profits.. |
| Balance Sheet | On Balance Sheet. |
| VAT | VAT is claimed back on monthly rentals |
| Residual Value | No Risk |
Contract Hire Benefits
| Cash Flow | Allows use of the asset with minimal capital outlay |
| Another Credit Line | Leaves other credit lines free for other business use |
| Low cost start | Enhances cash flow |
| Fixed Interest Rate | Easy budgeting, no surprises |
| Ownership of Asset | Non ownership product |
| No VAT on payment | Recoverable by VAT registered customers |
| Buy now pay later | Use today's low rates to purchase asset |
| Tax | Rentals offset against taxable profits |
| Balance Sheet | On balance sheet can strengthen asset base |
Finance Lease Features
| Period | 12-60 months |
| Deposit | 3 in advance |
| Rate Type | Fixed |
| Tax Benefits | Rentals are generally wholly allowable as a business expense against taxable profits. |
| Balance Sheet | On Balance Sheet. |
| VAT | VAT is claimed back on monthly rentals |
| Residual Value | Customers Risk |
Finance Lease Benefits
| Cash Flow | Allows use of the asset with minimal capital outlay |
| Another Credit Line | Leaves other credit lines free for other business use |
| Low cost start | Enhances cash flow |
| Fixed Interest Rate | Easy budgeting, no surprises |
| Ownership of Asset | Non ownership product |
| No VAT on payment | Recoverable by VAT registered customers |
| Buy now pay later | Use today's low rates to purchase asset |
| Balloons Available | A built-in balloon lowers monthly payments (subject to underwriting) |
| Tax | Rentals offset against taxable profits |
| Balance Sheet | On balance sheet can strengthen asset base |
