Finance solutions for customers

The manageable way to prosper

Your business needs the best equipment to stay competitive. But buying outright can be a difficult decision, especially when you take running costs into account.

Leasing makes big upfront investments a thing of the past.

Because we want to see you prosper sustainably, we pay for the equipment you need and let you make gradual repayments that you can manage. You might even have service costs covered, giving you peace of mind that your outgoings will remain predictable.

And when it comes to finance providers, you couldn’t be in safer hands. BNP Paribas Leasing Solutions is backed by one of the strongest banks in Europe. We’ve remained steadfast through economic storms, continuing to provide truly competitive finance that helps you access the equipment you need to prosper.

Products designed to support your business growth

Hire Purchase

What is Hire Purchase?

Hire Purchase lets the eventual owner of an asset pay for it gradually, giving financial security and predictability. It’s very flexible, with a wide range of options for the deposit amount, repayment amount and repayment frequency. Payments can even be matched to a seasonal income cycle. Because all terms are agreed upfront, Hire Purchase also gives protection against any increase in interest rates.

Benefits of Hire Purchase:

  • Accurate budgeting with fixed interest and repayments
  • The interest element included within payments can be registered as a business expense and is therefore tax allowable
  • The cost of the equipment can be tax allowable through Annual Investment Allowances or Writing Down Allowances

Operating Lease

What is Operating Lease?

An Operating Lease is a smart way to access and operate the latest equipment with minimal risk. The asset and all payments due under the agreement sit off-balance sheet which may help to improve some key accounting ratios. At the end of the contract the equipment is returned to us. If all return conditions are met, there’s nothing more to pay.

Benefits of Operating Lease:

  • Low total cost and low initial cost, with all payments (including VAT) repaid across the contract period
  • Tax efficient because asset repayments count as a business expense
  • Allows accurate budgeting with minimal risk
  • Maintenance costs can be included in the repayment plan

Finance Lease

What is Finance Lease?

A Finance Lease gives access to the latest equipment for a regular sum that can be offset against taxable profits. The initial cost is also very low, because all payments are spread across the whole repayment period.

Benefits of Finance Lease:

  • Low initial cost with all payments (including VAT) repaid across the contract period
  • Tax efficient because asset repayments count as a business expense
  • Allows accurate budgeting with minimal risk
  • Maintenance costs can be included in the repayment plan

Contract Hire

What is Contract Hire?

Contract Hire is a fully inclusive way to rent equipment with servicing costs rolled into rental payments. These payments are a business expense and if the agreement is recognised as an Operating Lease, sit off-balance sheet. This makes Contract Hire a smart way to access the latest equipment that may improve some key accounting ratios whilst minimising risk. At the end of the contract the equipment is returned to us. If all return conditions are met, there’s nothing more to pay.

Benefits of Contract Hire:

  • All-inclusive, giving peace of mind that assets are full maintained throughout the contract period
  • Low initial cost with all payments (including VAT) repaid across the contract period
  • Tax efficient because rental payments count as a business expense
  • Allows accurate budgeting with minimal risk
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Looking to finance your commercial vehicle fleet? Our specialist contract hire division, BNP Paribas Rental Solutions offers a complete asset lifecyle management service that caters for every aspect of your commercial fleet.