Short term solutions for business purchases, such as overdrafts, may seem quick to arrange, but for longer term business growth, good financial planning is essential.
Whether you are looking for a new automated dispensing system, an IT upgrade, a shop refit or any other business purchase, the NPA Finance & Leasing team is on hand to advise and assist you through the process.
Hire purchase: Having a fixed interest rate means you can budget with confidence and you will have ownership of the equipment after the last repayment.
Lease hire: If hire purchase isn't for you, you may want to consider the option of lease hire. This way, you can deduct the total cost of lease rentals from taxable income as a trading expense and at the end of the term you're not left with an asset that depreciates in value. Once the lease term ends, you have the option whether to renew the lease or purchase.
It couldn't be simpler. Many NPA members have already revitalised their businesses through NPA Finance & Leasing.
For further information please call:
Michael Nisbet on 01727 858687 ext. 3222