Business vehicles on flexible finance terms
Halo can arrange finance on your car – whether for business or personal use. We can also source vehicles if required. Choose from one of the following options:
Hire Purchase (HP)
With HP, you choose the deposit (typically 10% – 50%) and payments are fixed for the agreed period (typically 12 – 60 months). There are tax allowances for business users and payments are free of VAT.
Hire Purchase with Balloon
Reduce your monthly payments by offsetting a balloon (a lump sum at the end of the agreement) calculated using the estimated future resale value.
Variable Rate Hire Purchase
Variable Rate HP tracks changes in the Finance House Base Rate (FHBR). Choose either fixed payments with a variable term or variable payments over a fixed term.
Personal Contract Purchase (PCP)
At the end of your PCP agreement you have the option to purchase the car by paying the residual value, part-exchange for another vehicle, sell the car privately and settle the residual, or return the car (subject to mileage and condition).
100% of lease rentals can be offset against Corporation Tax. At the end of the term you can hand the vehicle back or sell the vehicle and retain 95-99% of the sale price.
Up to 100% of VAT can be reclaimed on payments and the car is returned at the end of the contract. The assets remain off balance sheet and rentals can be offset against Corporation Tax.
Any more questions?
What can Halo do for your business?
“We have received the vans and they look great! Thanks to all the staff at Halo for the prompt and professional service”
Managing Director, JVA Electrical
Flexible finance options
Finance for startups
We help businesses of all sizes, from startups to established companies. Whatever your circumstances, we can arrange finance for almost any business need.
High acceptance rate
Whether you need a loan or finance to purchase a specific asset – even software – we can help. Unlike other brokers, we can even lend our own funds. As a result, we get 95% of applications approved.
Specialist sector expertise
From franchise finance to renewable energy and P2P lending, Halo has specialists that understand your business finance needs.
Low interest finance
Because we work with a panel of over 65 lenders, we can always access the most competitive rates in the market. Contact us for our lowest rates.
Don’t fear rejection! We get 95% of applications approved
Finance for almost anything your business needs
And many more…