Specialist

Garage Equipment Finance

For financing business related garage equipment 

 
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GARAGE EQUIPMENT FINANCE

Clifton private finance

We specialise in sourcing Garage Equipment Finance and leasing options in the UK

 
 
We provide high-quality Garage Equipment Finance & leasing solutions for UK clients.
We can deliver enhanced, bespoke or exclusive terms through our market knowledge.  
Call us on 0203 900 4322 to discuss your requirements.
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Garage Equipment Finance - How It Works

If you are looking for a way to upgrade your garage without breaking the bank, you might want to consider garage equipment finance and leasing. This is a smart and flexible option that allows you to access the essential garage equipment your business needs and pay for it over time.

Whether you need vehicle lifts, diagnostic tools, MOT bays, or tyre changers, you can find a finance solution that suits your needs and budget. In this page, we will explain what garage equipment finance and leasing is, how it works, what the benefits are, and how you can apply for it.

Garage equipment is vital for many businesses to provide quality service and repair to their customers’ vehicles. However, constantly upgrading garage equipment can be very expensive and financially challenging. This is where garage equipment finance and leasing comes in.

The Different Finance Options for Garage Equipment Finance

There are two main types of finance available: hire purchase and operating lease.

Hire Purchase

With hire purchase, the business pays a deposit upfront and then makes regular payments over an agreed term, usually 12-60 months. At the end of the term, the business owns the equipment. Hire purchase is suitable for businesses wanting to own the garage equipment eventually. It also allows the business to claim tax relief on the equipment as it depreciates.

Operating Lease

With an operating lease, the business pays a monthly fee to use the equipment for a fixed term, usually 2-5 years. At the end of the term, the business returns the equipment or has the option to upgrade, extend the lease, or purchase the equipment at a reduced price. Operating leases allow maximum flexibility and convenience. The business never owns the equipment and so does not have to worry about maintenance, disposal or depreciation.

How Garage Equipment Finance Works

Financing garage equipment is fairly straightforward, and doesn’t differ too much from the standard process, first you would:

Garage Equipment Finance Quotes » 

Benefits of Garage Equipment Finance

Here’s a quick rundown of some of the benefits you can enjoy with garage equipment finance for your business:

Save Money and Improve Cash Flow

Enjoy Flexibility and Convenience

 Benefit from Tax Advantages

Drawbacks of Garage Equipment Finance

Garage equipment finance and leasing also has some potential drawbacks that businesses should be aware of before entering into a finance agreement. Some of these drawbacks are:

Garage Equipment Finance Quotes » 

What Can Be Financed?

You can finance almost any type of garage equipment that you need for your business, including:

Garage equipment finance can help you reach your business goals in many ways. With an operating lease, you could finance essential equipment such as a vehicle lift and a diagnostic tool for your garage, and improve your service and repair capabilities without a large upfront cost. Or, utilising hire purchase, you might invest in a new MOT bay and equipment for your garage, and increase your revenue and customer base while claiming tax relief on the equipment.

At Clifton Private Finance, we can help you get the finance you need for your garage equipment and solutions. We have access to a wide range of lenders who specialise in garage equipment finance and leasing. We can find you the best deal that suits your needs and budget. Contact us today and let us help you upgrade your garage.

How We Can Help

In need of Garage Equipment Finance & Leasing? We can help you:

And when we’ve established the best type of finance for you, we will:

Call our team on 0203 900 4322 to discuss your requirements or book an appointment.

Garage Equipment Finance Quotes » 
 

Call us today to discuss your requirements on 0203 900 4322
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