Urban Access

Finance & Leasing

Finance and LeasingUtilising our resource of industry experienced finance professionals, we are able to offer the most up to date and flexible finance and leasing packages tailored to suit your individual requirements.

Given your funding criteria, along with flexible deposits and payment terms, we are able to access most leading UK finance providers ensuring you obtain the best available deal.

Hire Purchase

This is the traditional and most common method to finance your access platform. The length of the term can be between one and seven years, three or five year agreements are the most common. At the end of the term you will own the asset. Deposits can be flexible and you can choose to have a fixed or variable interest rate. VAT is paid in full at the outset along with the deposit.

Benefits:

Lease Purchase

Very similar to Hire Purchase but you have a balloon payment at the end of the agreement. The larger the balloon payment, the less the monthly payments will be. Balloon payment amounts are set by the funder based on machine type, length of term, work undertaken and status of prospect.

Benefits:

Operating Lease

This method of ‘’off balance sheet’’ funding is a becoming a very popular alternative to conventional finance. You simply decide on the length of term, usually between two and five years. You then pay one monthly payment each month for the length of the term, each payment attracts vat. All of your servicing, maintenance and inspections are included. At the end of the term the machine is returned. You therefore have the benefit of allowing all the rental payments to be written down against tax.

Benefits:

It is recommended that you seek advice from a qualified accountant who understands your business needs prior to entering into a formal financial agreement.