Contract Hire provides a solution to companies who wish to free up capital, or simply want to manage their fleet with a fixed monthly cost. It does not require a large upfront capital outlay, spreads the cost of your handling equipment and maintenance over a number of years and is easy to budget for.

The benefits to your business:
  • A fixed monthly payment – all costs are known in advance
  • Protection from equipment depreciation costs
  • VAT efficient
  • Tax efficient
  • Fixed cost maintenance
  • Hassle-free: you use the equipment and we cover the ongoing expenses

Finance and Taxation Benefits:
  • Accurate monthly budgeting
  • Off balance sheet
  • Improved cash flow
  • Minimum capital expenditure
  • Protect your capital budgets
  • Fixed interest rates
  • VAT recoverable on monthly rentals
  • No depreciation risks

Contract Hire Benefits:
  • No capital outlay
  • Full maintenance cover included
  • Full breakdown cover included
  • No additional unplanned costs
  • Easy budgeting, with a fixed annual cost
  Rental and Contract Hire