Hire Purchase
What could be easier?
Hire Purchase is a straightforward repayment facility that enables you to ultimately own the asset. The cost of an asset can be spread over its useful working life and paid for out of the revenue it earns. Payment patterns can be tailored to suit individual needs, generally involving a deposit followed by a series of periodic instalments.
Benefits of Hire Purchase:
- With ownership you have total control over the asset
- You have the ability to claim writing down allowances and possibly capital grants
- VAT on the cost of the asset is normally reclaimable
- Fixed or variable interest rate - you make your own assessment and choose accordingly
- The interest element of repayments can normally be offset against taxable profit
- The asset appears on your balance sheet
Finance Lease
All the benefits of ownership without the burden
A Finance Lease agreement gives you the full use of an asset for an agreed period of time for an agreed periodic rental. This is a popular flexible method of funding a broad spread of business assets. It offers all the practical benefits of ownership without any of the potential burdens.
Benefits of Finance Leasing:
- Flexible repayment structures give you immediate and full use of the asset for a minimal outlay
- Rentals can be structured to reflect cash-flow requirements
- Fixed interest rate provides certainty of repayments and assists budgeting.
- Rentals can be offset against taxable profit
- VAT is paid on the rentals not the purchase price
- The lessor claims writing down allowances, and these are reflected in the rentals you pay
- Retains existing credit lines and gives you a new source of credit for current and future needs
- Eliminates risks and costs associated with disposing of assets at the end of their useful working life
Benefits of Capitas
In today’s marketplace, simply offering the best financing product is no longer sufficient. We understand you need a reliable financing source that knows the importance of responding quickly to opportunities. Regardless of your current or projected financing needs, we are confident that Capitas can offer you a better alternative.
Whether your requirement involves a complete office refurbishment, an upgrade of your existing phone system or building remedial works we have the industry knowledge and financial expertise to design a finance solution to suit organisations of all shapes and sizes.
Why you should choose Capitas as your office equipment financing partner?
Simply, it’s because we offer you:
- Asset class expertise – our people are senior ‘hands-on’ professionals who understand the different types of office equipment that we finance; the dynamics of these assets, their values and working life
- Smart solutions – strategic thinking enables Capitas to deliver reliable, flexible and competitively priced products whether it be a standalone agreement for a specific piece of office equipment or project finance for a complete premises fit-out
- Tax based financing – we’ll address preferences for on or off balance sheet funding and advise on how this will choice will affect your tax position
- Flexible finance – choose facilities that enable you to lease, own or hire for all types of office equipment, from telecoms and partitioning to furniture and technology
- End of term clarity – we offer straightforward options with ‘no suprises’ when the finance term ends
- Lifetime relationships – we put great value on building strong relationships and communicating with our clients; our aim is to support your business growth and become your one-stop funding partner
Office Equipment
The office equipment you acquire to use within your business environment plays a crucial function in how your employees are motivated and your business performs in terms of productivity and efficiencies.
Capitas provides finance for all types of fixtures and fittings to help your organisation function and grow successfully. Office Equipment Finance from Capitas is a strategy for gaining a variety of benefits:
- We can finance furniture, telecoms, audio visual equipment, signage, photocopiers, franking machines, partitioning, display equipment, racking, storage systems, carpeting, air conditioning, heating systems, shredders, mailing machines, interactive white boards, laminators, water coolers and more
- Repayments can be matched to your cashflow and the depreciation of the asset
- Pricing can be as competitive as or even better than bank funding rates
- No need for additional security and facilities are not repayable upon demand
- You benefit from the full use of the solution as you use it without having to pay the full cost of the products and services all upfront
- Fixed rate funding ensures certainty of repayments and makes budgeting easier
- Depending on the situation you may benefit from tax advantages
- Leasing can involve low initial cash outlay and even provide financing for up to 100% of the purchase price
- We can address the rapid obsolescence in this fast changing market by giving you agreements that allow you to upgrade equipment without financial penalty