Finance Options - Coates Finance

Finance Options

Finance Leaase

Finance Lease

The Leasing Company buys the asset and leases it to you.
You can choose to rent the item beyond the primary term or purchase title to the equipment from a third party, usually your broker, for a nominal amount.
Hire Purchase

Hire Purchase

Hire purchase is a method of buying goods through making instalment payments over a pre-determined term. Under a hire purchase contract, the buyer does not obtain ownership until the full amount of the contract is paid. Sometimes a final ‘balloon’ payment can help reduce the monthly cost.
Commercial Loan

Commercial Loan

Typically used to fund major capital expenditures or cover operational costs that the company may otherwise be unable to afford.
Sale And Lease Back

Sale & Lease Back

Similar to Finance Lease – The Leasing Company buys assets you’ve already paid for from you and then rents them back to you. You get your initial outlay back freeing up cash for your business.