Finance
Acquiring and financing business assets are big commitments. At NI Trucks can offer a wide range of finance, rental and leasing packages tailored to suit your specific purchasing requirements. We have a range of financial suppliers including Iveco Capital. Whether you are a fleet operator or a one-vehicle business, we will help you to find the type of finance best suited to your needs.
Hire Purchase
Hire purchase is a great way to acquire ownership of your vehicle. Payments will be spread over the life of the vehicle with the option to buy it at the end of the term. The payment structure can be adapted to your business’s cash flow, making budgeting easier. Hire purchase also has tax advantages such as claiming capital allowances.
Finance Leasing
A finance lease works like a normal loan whereby the leasing company will purchase the asset on your behalf and rent it to your business. You will therefore receive all the benefits associated with the ownership of the vehicle without actually owning it. When the leasing period comes to an end, secondary leasing or the chance to purchase it may be offered.
Operating Leasing
Under an operating lease, the leasing company will take into consideration the residual value of the asset at the end of the agreement. This tends to lower the monthly rental. This option is particularly good for high value vehicles that are required over a set time period, e.g. a building contract.
Contract Hire
Contract hire is another way of funding the purchase of your new vehicle. Typically it will have a service and maintenance package built into it, with the leasing company taking responsibility for managing and maintaining your vehicle.
Contact us to discuss all our finance options in more detail:
Tel: 028 9083 3040