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Dorsia Finance

FINANCE OPTIONS


We’ve built up links and relationships with over 40 lending partners, including specialists, to ensure that we have a product that fits
your needs perfectly.

Once we understand your individual requirements and situation, we’ll advise on the best product and finance option to ensure that you get the best possible outcome from your finance package.

  • Hire Purchase/Lease Purchase
  • A straightforward repayment facility, this will provide outright ownership at the end of the agreement. Repayments can be fixed and structured in a flexible way, for example a balloon payment can be applied to reduce the monthly repayment.

    Benefits:
    • Preserves cashflow – offers the obvious cashflow benefits of paying in instalments

    • Tax efficiency – a business can claim a writing down allowance and can offset interest payments against taxable profit

    • Flexible – we can tailor deposits, term and repayments to suit your specific personal or business requirements

  • Balanced Payments Plan
  • A variable interest rate product which has fixed monthly payments.The interest rate is linked to a base rate which is usually Libor. Any adjustment required will be made at the end of the agreement.

    Benefits:
    • Potential saving – should interest rates fall

    • Low deposit – helping with cashflow

    • VAT free – no VAT on you monthly payments

  • Contract Hire
  • A fixed term, fixed repayment contract with or without maintenance allowing you the full use of the vehicle without the worry or risk on disposal. If you would like a total fixed cost motoring package then contract hire is the answer for your personal or business needs.

    Benefits:

    • Preserves cashflow – offers the obvious cashflow benefits of paying in instalments and the fixed repayments assist with your budgeting

    • Flexible contract hire terms to meet your requirements with variable duration and mileage terms available

    • Contract hire repayments can include the provision of maintenance, a relief vehicle, emergency cover, road fund license, and vehicle collection and disposal

    • Contract hire removes depreciating assets from the balance sheet and the associated risks of owning vehicles


  • Operating Lease
  • This is a rental agreement which can be used to finance a broad spread of business assets but is particularly effective for financing heavy commercial vehicles. The Funder builds in a residual value to reduce the rentals, thus helping cash flow and making ‘off-balance sheet’ funding possible.

    Benefits:
    • Preserves cashflow – offers the obvious cashflow benefits of paying in installments. Initial deposits can be as low as one monthly rental down with the VAT spread over the term of the agreement.

    • Competitively priced – the Funder or manufacturer takes the risk in the residual value of the equipment and factors this into the rental, bringing down the periodic cost to you.

    • Fixed maintenance contracts can also be built in to the monthly rental

    • Tax efficient – the rentals can normally be offset against taxable profits

    • Asset normally treated as ‘off-balance sheet’ (subject to your auditors’ approval)

    • Flexible – at the end of the term, you can return the asset or extend the period. Either way, you do not carry the problem of disposal of the equipment.

  • Leasing
  • Where ownership is not required, finance leasing works well for a broad spread of business assets as well as vehicles.

    Benefits:
    • Preserves cashflow – offers the obvious cashflow benefits of paying in installments

    • Initial deposits can be as low as one repayment/rental down with the VAT spread over the term of the agreement

    • Flexible – repayments/rentals can be structured according to your anticipated cashflow

    • Tax efficient – the repayments/rentals can normally be offset against taxable profits

    • Cost-effective – the Funder, as owner of the asset, claims the writing down allowances and passes them on to you in the form of lower repayments/rentals.

    • At the end of the lease you can continue renting the equipment by paying annual secondary repayments/rentals or sell the goods to a third party and retain up to 99% of the sale proceeds.

  • Refinancing
  • This allows you to release capital tied up in your assets in order to give an immediate capital injection to your business.

    Alternatively, subject to agreements with other finance companies, assets can be refinanced by extending the term, leading to a reduction in monthly commitments. These funds could be used to recover from bad debt or reduce bank overdrafts.

    We can also arrange a refinance agreement to fund a ‘balloon rental’ that is due on a vehicle.

    Benefits:
    • Assists cash flow by injecting capital into the business can reduce monthly payments

    • You have continued use of the asset being refinanced