A number of flexible asset finance funding schemes are available through the SBCI, including leasing, hire purchase and rental schemes. Click on the headings below to read more.
A number of flexible asset finance funding schemes are available through the SBCI, including leasing, hire purchase and rental schemes. Click on the headings below to read more.
Leasing and hire purchase is currently offered through Capitalflow, Fexco Asset Finance, Finance Ireland Limited and SME Finance & Leasing Solution DAC.
How does it work?
How does it work?
Contract hire facilities available to SMEs:
How does it work?
Contract hire is an arrangement whereby the leasing company buys the vehicles and in turn hires them out to SMEs over a term with an agreed residual value depending mainly on term, mileage/usage and resale value. The key benefits of contract hire are that the monthly payments are fixed, the maintenance contract is optional and there is lower initial outlay/deposit and no depreciation risk on the vehicle for the company.
Rental agreements are leasing facilities available for approved office equipment suppliers to enable SMEs to finance photocopiers, printers, telecommunication equipment and business equipment in general. the following are some of the features:
How does it work?
SMEs arrange finance via their own office equipment suppliers who act as intermediaries with the leasing company.