Finance agreements of this type can be structured with or without a deposit. Payments can be tailored to suit individual needs by opting for a longer term or incorporating a final balloon payment. Upon completion of the finance agreement, and following final payment, you will then have ownership of the vehicle.

Asset Loan, commonly referred to as a Chattel Mortgage, is available for individuals, sole traders, partnerships and companies where ownership of the vehicle at the start of the finance agreement is important. This finance product differs from an Asset-Hire Purchase and Finance Lease in that vehicle ownership is provided for at the start of the finance agreement, in exchange for security to be taken over the vehicle. Upon completion of the finance agreement and following final payment, security over the vehicle is released.

This type of finance product is a rental agreement offering fixed payments with the addition of a residual value payable at the expiry of the finance contract. This finance product offers immediate use of the vehicle without a substantial outlay. At the end of the finance lease you can make an offer to purchase, re-lease, or upgrade to a brand new vehicle – the choice is yours.