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Finance

Contact us if you wish to spread the payments for your purchase of equipment

Choosing the best method of equipment financing is not as easy as it looks. Leasing your handling equipment offers several important advantages to your business.

Leasing is a practical alternative to purchasing
Lease financing allows your business to obtain equipment without buying it outright or borrowing money
Leasing allows you to pay for equipment over it’s useful and income-producing life
Leasing preserves cash, Fixed monthly payments allow you to obtain equipment without large initial cash outlays 
A lease is not a loan, but an option through which you get the equipment you need in exchange for fixed monthly rental payments

Lease payments are fully deductible operating expenses

Leasing can be structured to provide you with the option to upgrade to new equipment at any time over the life of your lease

 
Lease/Hire Purchase
An On-Balance-sheet facility without a fixed maintenance obligation. Especially interesting for companies that have their own service engineers.
The monthly payments cover the whole of the capital outlay of your truck. Rentals are not reduced because there is no residual value. You are the owner of the equipment.

Operational Lease/Contract Hire
An Off-Balance-sheet method of finance. Payments usually include all maintenance and repair. These easy to budget rental payments that include VAT and are 100% tax deductable as an operating expense. The Materials Handling Warehouse will guarantee a residual value which reduces the rental payments. You are not the owner of the equipment.
 

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