XL Business Finance
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Contract Hire

Contract hire

If you are a VAT registered business requiring complete control of expenditure and maintenance options, this is the most suitable funding. A VAT friendly finance stream, with a single monthly payment, covering all unknown quantities, including depreciation and disposal for an agreed period of time and/or mileage.

What are the benefits?

A single fixed monthly payment assures ease of accounting and is tax deductible. Monthly payment can be tailored to meet personal requirements by varying initial deposit. i.e. the larger your deposit the smaller your monthly payment figure. Includes road fund licence for lifetime of contract. If vehicle used for private mileage then 50% of VAT can be reclaimed.

Finance Lease

Hire Purchase

Lease purchase

Personal Contract Purchase




We trust that this information will be useful to you. To discuss the right package for you please contact us today