Asset finance

Sale and lease back enables clients to finance a recently purchased asset, via a lease agreement, allowing them to release cash back into their business. At the end of the agreement the customer may have the option to return the equipment or continue to use it for a charge.

• Frees cash tied up in an asset which can be used to invest back into the business
• Enables budgeting through fixed monthly payments
• Tax efficient – payments are considered as charges, lowering your taxable profit (please ask your accountant for more details on this)

If the aim is to spread the cost of the financed asset and own it outright at the end of the term, HTB’s asset finance specialists can provide credit to achieve this.

Hire purchase is a convenient, fast and easy to arrange form of finance.

• Spread the total cost of the asset after paying a deposit into fixed monthly instalments over a fixed term
• Take ownership of the asset upon payment of the final instalment (includes an Option to Purchase fee)

Leasing is a convenient and cost effective way of being able to obtain the very latest equipment while it is being used. At the end of the agreement the customer may have the option to return the equipment or continue to use it for a charge.

• Frees up working capital
• Preserves existing credit lines
• Enables simple budgeting through fixed regular payments
• Tax efficient – depending on the type of asset, payments for your lease agreements may be at least 85% deductible from your annual profits