Contract Hire Explained | Business Finance


Contract Hire Explained

If you and your business are looking for fixed monthly payments and the opportunity to include a maintenance package to take away the worry of servicing, then a Contract Hire agreement could be the right choice.

You have complete control over your monthly payment by selecting how much you want to put down as an advance rental and you can even choose the annual mileage allowance.

One of the most popular benefits of Contract Hire is that you don’t have to worry about selling the vehicle at the end, you simply take it back to your supplier and give them the keys.

The top 5 reasons businesses choose Contract Hire:

1.    No disposal problems at the end of the term
2.    Flexible rental patterns
3.    Off-balance sheet borrowing
4.    No final balloon payment at the end
5.    Keep more capital circulating around your business

We offer Contract Hire agreements across all makes and models of commercial vehicles so give our team of specialists a call on 01792 712 555 to request a bespoke quote.

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Location: Bridgend, UK

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