Business Finance need not be complex. We at the Blade Motor Group are committed to making it simple to spread the cost of your business vehicle in a way that suits the needs of your business.
The best way to start is to decide if you wish to own the vehicle at the end of your agreement.
Lease Purchase is similar to Hire Purchase but offers your business greater flexibility.
You make an initial deposit normally expressed as rentals in advance, and there can be a final balloon payment at the end of your agreement.
The balloon payment is a flexible payment that will have the effect of reducing your monthly payment thereby making your vehicle purchase more cost effective.
At the end of the agreement you have to pay the balloon payment and you can keep the car or part exchange the vehicle for a new one whereby any equity (The difference between the final balloon payment and the part exchange value) can be used as a deposit for your next purchase.
So a Lease Purchase can offer you:
