On balance finance solutions are a smart choice if you want to own a machine through regular repayments without investing all of you capital at once. Both the loan and the machine will appear on your balance sheet.
A Finance Lease has a low initial outlay with fixed monthly payments plus VAT. Machine will appear on balance sheet, offering earlier tax relief vs a purchase option. At the end of the contract you have two options; choose to extend the agreement for just a nominal secondary rental fee, or benefit from the majority of net sales proceeds via a third party.
Finance solutions are provided by Volvo Financial Services. Volvo Financial Services does not provide tax or accounting advice. Customers should consult their tax attorney or accountant about individual circumstances.